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Wednesday, 10 November 2021

Who are the six consortiums bidding for the Tenth of Ramadan dry port?

The six consortiums chasing the Tenth of Ramadan dry port have been revealed: The consortiums include Orascom Construction-Abu Dhabi Ports, Elsewedy Electric-CMA CGM, Samcrete-Portek, AlGhanim Group-China Hyper, one led by the Mediterranean Shipping Company and another by Bollore Logistics.

The consortiums have come forward with offers to build and operate the EGP 3.5 bn dry port and logistical hub, Amr Ismail, head of the General Authority for Ports, told Al Borsa on the sidelines of the TransMEA 2021 transport expo.

The 250-feddan dry dock aims to serve the industrial area in a number of regions — Badr, Ain Sokhna, East Port Said, the new capital and of course Tenth of Ramadan.

The tender has been in the works for a while: Over the summer the cabinet approved a public-private partnership model which allowed the government to move forward with a tender to establish the Tenth of Ramadan City dry port and logistics hub.

More dry ports in the pipeline: The authority is working to prepare an integrated plan to establish eight dry ports and five logistical hubs across the country and link them all to the railway network, Ismail said.

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