The Finance Ministry is in talks with the European Bank for Reconstruction and Development (EBRD) to launch a tender to establish a grain terminal at the Dekheila Port, PPP Central Unit Director Ater Hanoura tells Al Mal. The Arab Academy for Science Technology and Maritime Transport has conducted studies on the project, he said, without disclosing the expected timeline for the tender. Separately, the General Authority for Lands & Dry Ports will issue the terms and conditions for 6 October dry port next week, Hanoura said. The project, which will be developed under a PPP framework, will require an initial investment of around USD 100 mn, Transport Minister Hisham Arafat had said.
More from Enterprise
Inflation unexpectedly cools, putting rate-cut cycle back in play
The first fall in the headline rate in three months…
Qatar’s Green Sky Capital secures financing for USD 200 mn SAF plant
The facility could add more than 10% to global SAF…
New tax bill heads to House ahead of July rollout
The new package scraps the contentious capital gains tax, overhauls…
Apis Partners has continued appetite for Egypt after closing its third fund at more than double its predecessor
Apis partner Hossam Abou Moussa singles out MNT-Halan as a…