MTBS to execute the feasibility study for the Abu Tartour Port Project

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MTBS to execute the feasibility study for the Abu Tartour Port Project

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 PPP Central Unit of the Ministry of Finance (PPPCU), in coordination with the Ministry of Foreign Trade and Industry (MTI), has plans to develop the project as the first mining and industrial port in Egypt through private sector participation.

The objective of this assignment is to identify what industrial activities and related terminals could be developed in ATP through private sector participation. The goal is to gauge private sector's interest to develop, construct, finance and operate new terminals and related industrial activities in ATP.

MTBS will execute the following tasks:

  • review, enhance and improve earlier options and studies;
  • come up with new ideas in terms of additional industrial activities based on market feedback; and
  • present a strong business case for the new proposed terminals and activities.

In addition the European Investment Bank has published a prior information notice (PIN) to hire a transaction advisor to support PPPCU, the Ministry of Finance (MOF) and the MTI in coordination with the Ministry of Transport (MOT) in attracting private sector participation for the port PPP project.

See PIN:

http://ted.europa.eu/udl?uri=TED:NOTICE:272535-2015:TEXT:EN:HTML&tabId=1

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