The city of Cherbourg (France), through Ports Normands Associés, has launched a tender process for a concession project at Cherbourg Harbour.
The preferred bidder will be responsible for the development and operation of a 60 hectares area at the port, which is divided into 6 tranches. The project also involves the upgrade of industrial buildings and facilities located at the area. The concession contract will have a period of 25 years.
The total project investment is estimated at €89 million (US$98 million), €19 million to develop the area and €70 million to develop industrial buildings and facilities.
Cherbourg Harbour is believed to be the second largest artificial port in the world with a surface area of around 1,500 hectares. Historically Cherbourg has been used for mercantile shipping as well as a naval base. The harbour's maximum depth is 13 m at low tide.
Interested parties must submit their applications on or before 15 September 2015.
See tender announcement: