Back to the complete issue
Monday, 21 May 2018

Five consortiums qualify for second bidding round for 6 October City dry port

The General Authority For Ports & Dry Land will launch “within days” the second bidding round for the Six October dry port project, which will be limited to the five consortiums that qualified in the first round, Al Mal reports. Biding companies are: a consortium made up of Elsewedy Group, Germany’s Schenker, and Cairo 3A; another made up of Groupe PSA, Hassan Allam Construction, and Concorde Engineering and Contracting; a third comprising the Holding Company for Maritime and Land Transport, the Suez Canal Economic Zone, and DP World; a Samcrete-IGL consortium; and GE Transport. The winner is expected to begin work on the USD 100 mn project in 4Q2018 under a 30-year contract. Mather Group had been tapped as financial consultant, with Sarie – Eldin & Partners and Allen & Overy will as legal counsel, and Randall Environmental as technical advisor.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.