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Tuesday, 7 August 2018

Finance Ministry in talks with EBRD to launch grain terminal at Dekheila Port

The Finance Ministry is in talks with the European Bank for Reconstruction and Development (EBRD) to launch a tender to establish a grain terminal at the Dekheila Port, PPP Central Unit Director Ater Hanoura tells Al Mal. The Arab Academy for Science Technology and Maritime Transport has conducted studies on the project, he said, without disclosing the expected timeline for the tender. Separately, the General Authority for Lands & Dry Ports will issue the terms and conditions for 6 October dry port next week, Hanoura said. The project, which will be developed under a PPP framework, will require an initial investment of around USD 100 mn, Transport Minister Hisham Arafat had said.

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