Damietta Port Authority has launched a tender process for a build, operate and transfer (BOT) contract to develop a new terminal at the port of Damietta, Egypt.
The project will be developed on a design, build, finance, operation and maintenance for a period of 20 years. The project involves the development of a terminal for the storage and handling of grain and foodstuff on an area covering 28,500 square metres.
Egypt's Damietta Port is situated 8.5 km west of the Nile river of Damietta branch westward Ras El-Bar, and it is 70 km away from Port Said. The port installations extend on an area of 11.8 km2.
Interested parties must submit their proposals on or before 29 July 2014.
Egypt's ports remain a vital source of income, and several large tenders have been launched since the beginning of 2014 in an effort to boost economic growth.
In early May, Alexandria port authority launched a tender process to develop a bulk grain terminal and a dirty bulk terminal, both at the Dekheila Port in Egypt. The two terminals will be developed on a design, build, finance, operation and maintenance (DBFOM) basis for a period of 30 years.
In early April the Red Sea Ports Authority (RSPA), a subsidiary of Egypt's ministry of transportation, launched two tender processes for PPP projects, the Safaga Port project and the Eltoor Port project.