Parliament in July 2014 approved an agreement between the Government of Ghana and a British company for the development of an oil and gas Freeport in the Western Region.
But five Members of Parliament (MPs) took the matter of Parliamentary approval to court last year, seeking for elements of the agreement to be overturned.
They prayed the Sekondi High Court to remove a restriction government imposed on the further expansion of the Takoradi Port.
At the time, a Sekondi High Court dismissed the case saying it has no jurisdiction to set aside any part of the Commercial Agreement approved by Parliament that was legally arrived at and in line with the standing orders of Parliament.
The MPs appealed against the ruling in the Cape Coast Appeals Court.
In a statement, Atuabo Freeport Ghana Ltd said it is pleased to announce that the matter has now come to a close.
The company further indicated that it is currently carrying out soil investigation and other processes for the project to commence.
It added that it was looking forward to the realization of Ghana’s first Free Port which will offer a gateway to the offshore oil and gas industry in Ghana and the wider Gulf of Guinea.