Orascom and FCC have signed an engineering, procurement and construction (EPC) contract for Egypt's Abu Rawash wastewater treatment plant, despite the fact that it was originally tendered as a PPP.
Infrastructure/PPP news in Egypt
The first projects of a new fund supported by the European Investment Bank (EIB) – the Catalyst MENA Clean Energy Fund (Catalyst) – are now taking off.
The Egypt's Goverment has signed with the International Finance Corporation (IFC) to carry out financial consulting works to develope the Abu Tartour mining port PPP, 5km south of Safaga port in Red Sea.
The Ministry of Education and Vocational Education of Egypt, with the technical assistance of the PPP Central Unit of the Ministry of Finance, has launched an Invitation for Prequalification seeking interested firms to enter in a PPP contract to design, build, finance, operate, and maintain (DBFOM) Advanced PPP Language Schools.
Cairo Governorate represented by the Cairo Transport Authority with technical assistance from the PPP Central Unit of the Ministry of Finance of the Arab Republic of Egypt, has requested prequalification applications from prospective bidders for a Public Private Partnership contract around 25 years for Financing, Developing, and Operation Of the Nile River Bus Ferry PPP Project.
Mena Infrastructure Fund LP has recently announced the divestment of both its 30.33% stake in Alexandria International Container Terminals (AICT) to Hutchison Port Holdings and its 38.3% stake in United Power Company SAOG (UPC), which owns and operates the 270 MW single-cycle gas-fired Manah Independent Power Project (IPP) in Oman, to Khaled Juffali Energy and Utilities (KJEU).
The European Investment Bank (EIB) has launched two tender processes to hire consultants for the Abu Tartour Mining Port (ATP) PPP project in Egypt.
The European Bank for Reconstruction and Development (EBRD) and the PPP unit of the Ministry of Finance of Egypt are trying to push the development of PPP projects in the country.
The government of Egypt, through the Ministry of Supply and Internal Trade, has launched a tender process to develop commercial registry offices under a PPP model.
According to sources, MENA Infrastructure Fund LP has plans to sell its stake in Alexandria International Container Terminals (AICT), which operates two container terminals in Egypt.
Atter Hanoura, Head of the Egyptian Ministry of Finance's Central Partnership Unit, has announced plans to carry out a total of 12 infrastructure projects through PPP model in 2016.
A consortium composed of Orascom Construction Industries (OCIC), Veolia and Aqualia has won the Abu Rawash wastewater treatment plant PPP project in Egypt.
The International Finance Corporation (IFC), a member of the World Bank, has selected Maritime & Transport Business Solutions (MTBS) to execute the feasibility study for the Abu Tartour Mining Port (ATP) PPP project in Egypt.
The European Bank for Reconstruction and Development (EBRD) has selected Ernst & Young to advise on the Nile River transport PPP project in Egypt.
Egypt has approved to invest a total of US$100 million in the Africa50 Infrastructure Fund, which was launched in 2014 by the African Development Bank (AfDB).
There were four shortlisted teams but only the following two bid for the project:
Egypt has plans to launch 13-14 public-private partnership (PPP) projects in 2016, with total costs estimated at around US$2.5 billion.
The International Finance Corporation (IFC), a member of the World Bank, is seeking consultants for the Abu Tartour Mining Port (ATP) PPP project in Egypt.
The Common Market for Eastern and Southern Africa (COMESA) infrastructure fund has got a capital injection of US$21.9 million.
The government of Egypt has launched a request for qualification (RFQ) for a real estate public private partnership (PPP) project.