Cairo, Egypt (PortSEurope) February 13, 2019 – The Egyptian Finance Ministry has announced plans to build a $100 million dry port west in the 6th of October City, west of Cairo, the capital of Egypt. Three consortia have indicated an interest.
- Container Corporation of India Ltd. leads one of the consortiums with Egypt’s Hassan Allam Holding and Singapore’s PSA International Pte Ltd.
- DP World with the local Holding Company for Maritime and Land Transport SAE.
- Local Elsewedy Electric leads the third consortium, which includes Schenker Egypt and Egypt-based 3A International.
The ministry envisages a public-private partnership between the General Authority For Ports and Dry Land and the winning consortium.
The new dry port will function as a location for customs clearance of containers handled through the Alexandria and Dekheila ports, which will contribute to easing container traffic, the ministry said.
Technical and financial bids are expected to be presented in May, after which the winning bidder will be announced, the ministry said. The agreement will last up to 30 years, after which the port will be owned by the state.
6th of October is a city in Giza Governorate, a satellite town and part of the urban area of Cairo, Egypt, 32 km outside the city. It was established in 1979 and has one of the largest industrial zones in Egypt
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