News / Five financial consultants bid for Russian PPP port project

Five financial consultants bid for Russian PPP port project

🕔 February 7, 2014
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RMP Taman LLC has received five bids from companies to act as a financial consultant for the creation of the new dry cargo district of port Taman in the Krasnodar Territory, Russia.

The five firms that have applied are the following:

  • Investment Bureau FINIST LLC, bid price RUB87.3 million (US$2.5 million),
  • Ernst & Young LLC,  bid price RUB49.5 million (US$1.4 million),
  • KPMG Limited, bid price RUB30.4 million (US$0.9 million),
  • PwC Russia B.V., bid price RUB39.5 (US$1.1 million),
  • A.T. Kearney Holdings Beteiligungsgesellschaft mbH, bid price RUB37 million (US$1 million).

The results are to be announced on February 7, 2014.

The construction of the Taman dry-cargo port will be based under the public-private partnership model. The goal of the project is to create a new deep-water port on the Taman Peninsula, which is integrated into the international North-South corridor. The project will also add value to the port capacities of the Azov sea and the Black sea.

The new dry cargo project, that will be able to handle 93.8 tons of dry cargo per year and ships with a deadweight of 150,000 tons and comprises the construction of new cargo handling port complexes intended for transshipment of dry bulk and loose cargo, general cargo  and containerized cargo financed by private investors and the facilities of federal ownership -  hydraulic facilities, utility and power supply facilities as well as railways, highways and marine approaches financed by the federal budget.

The project implementation has been foreseen by all strategic programmes and budget planning documents from 2008:  Transport Strategy of the Russian Federation till 2030; Strategy for the development of seaport infrastructure till 2030; federal special-purpose programme Development of Russia's Transport System (2010-2020).

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