As many as eight domestic and international companies are reportedly eyeing a tender to develop Ras Sudr Airport and an adjacent touristic resort, sources close to the matter tell Al Mal. The list of potential bidders includes the Toyota Tsusho Corporation, Samcrete, as well as Arab Contractors and RW Armstrong & Associates, who are allegedly considering joining forces. The government will begin accepting offers on 2 June and expects to announce the winner a month after that. The government had re-issued its tender for the project back in March with amended stipulations, after failing to drum up investor interest last year.

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