Five consortiums qualify for second bidding round for 6 October City dry port

The General Authority For Ports & Dry Land will launch “within days” the second bidding round for the Six October dry port project, which will be limited to the five consortiums that qualified in the first round, Al Mal reports. Biding companies are: a consortium made up of Elsewedy Group, Germany’s Schenker, and Cairo 3A; another made up of Groupe PSA, Hassan Allam Construction, and Concorde Engineering and Contracting; a third comprising the Holding Company for Maritime and Land Transport, the Suez Canal Economic Zone, and DP World; a Samcrete-IGL consortium; and GE Transport. The winner is expected to begin work on the USD 100 mn project in 4Q2018 under a 30-year contract. Mather Group had been tapped as financial consultant, with Sarie – Eldin & Partners and Allen & Overy will as legal counsel, and Randall Environmental as technical advisor.