{"id":623181,"date":"2018-10-24T04:12:47","date_gmt":"2018-10-24T04:12:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/24\/second-government-tender-for-ras-sudr-airport-fails-despite-amended-conditions\/"},"modified":"2018-10-24T04:12:47","modified_gmt":"2018-10-24T04:12:47","slug":"second-government-tender-for-ras-sudr-airport-fails-despite-amended-conditions","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/24\/second-government-tender-for-ras-sudr-airport-fails-despite-amended-conditions\/","title":{"rendered":"Second government tender for Ras Sudr airport fails despite amended conditions"},"content":{"rendered":"

Gov\u2019t again fails again to attract investors for EGP 2 bn Ras Sudr airport project: <\/strong>A government tender to develop an EGP 2 bn airport and adjacent tourism resort in Ras Sudr has failed for the second time after an Egyptian-Saudi consortium and a separate Egyptian-Emirati group fell short of conditions in the tender, a source close to the matter told Al Mal<\/a>. After an unsuccessful attempt to attract investors last year, the government had amended the tender\u2019s terms and conditions<\/a>, allowing companies to own the land on which the resort would be built, under a build-operate-transfer (BOT) framework, rather than have the land allocated under a usufruct license.<\/p>\n

If at first you don\u2019t try and try again<\/strong>. Tourism Development Authority (TDA) boss Serag El Din Saad told local news<\/a> earlier this week that the Airport Holding Company (AHC) may relaunch the tender for the project. The TDA and AHC are expected to meet to discuss the next step after this latest development, the newspaper says.<\/p>\n","protected":false},"excerpt":{"rendered":"

Gov\u2019t again fails again to attract investors for EGP 2 bn Ras Sudr airport project: A government tender to develop an EGP 2 bn airport and adjacent tourism resort in Ras Sudr has failed for the second time after an Egyptian-Saudi consortium and a separate Egyptian-Emirati group fell short of conditions in the tender, a […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,7111,3609,2380,238],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-623181","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-infrastructure","tag-ras-sudr-airport","tag-speed-round","tag-tourism","wpautop","entry"],"acf":{"mongo_id":"d8acf972-f9be-4262-af95-f8101ff21d28","order":"0","is_powered_by":true,"section_story_id":"7aeafefe-3c03-4697-a84c-13bd019167e3","story_type":"1","photo_url":"","photo_position":"above","related_issue":[623167],"teaser":"","voice_url":""},"yoast_head":"\nSecond government tender for Ras Sudr airport fails despite amended conditions - 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The company is currently vetting between two offers for the\u2026","rel":"","context":"In "Tourism"","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":631023,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/govt-re-issues-tender-for-ras-sudr-airport-resort-after-amending-stipulations\/","url_meta":{"origin":623181,"position":1},"title":"Gov\u2019t re-issues tender for Ras Sudr airport, resort after amending stipulations","author":"enterpriseam admin","date":"7 March 2018","format":false,"excerpt":"The government has re-issued its tender to develop an airport and adjacent tourism resort in Ras Sudr with amended stipulations after failing to drum up investor interest in the project last year, Al Mal reports. The new tender will allow companies to own the land on which the resort will\u2026","rel":"","context":"In "Tourism"","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":623344,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/28\/airport-holding-company-to-re-issue-tender-for-ras-sudr-airport-for-third-time\/","url_meta":{"origin":623181,"position":2},"title":"Airport Holding Company to re-issue tender for Ras Sudr airport for third time","author":"enterpriseam admin","date":"28 October 2018","format":false,"excerpt":"Officials from the Airport Holding Company (AHC) and Tourism Development Authority (TDA) are scheduled to meet this week to discuss the procedures for relaunching the tender for the EGP 2 bn Ras Sudr airport for the third time, Al Shorouk reports. Sources said last week that the second tender, which\u2026","rel":"","context":"In "Tourism"","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":651416,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/12\/tda-to-open-bidding-window-for-ras-sudr-airport-and-touristic-resort-by-mid-march\/","url_meta":{"origin":623181,"position":3},"title":"TDA to open bidding window for Ras Sudr airport and touristic resort by mid-March","author":"enterpriseam admin","date":"12 February 2017","format":false,"excerpt":"The Tourism Development Authority (TDA) and Airport Holding Company will launch the tender for the Ras Sudr Airport and resort project by mid-March, Al Borsa says.","rel":"","context":"In "Real Estate + Housing"","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":601699,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/07\/madbouly-cabinet-approves-amendments-to-the-investment-act\/","url_meta":{"origin":623181,"position":4},"title":"Madbouly Cabinet approves amendments to the Investment Act","author":"enterpriseam admin","date":"7 March 2019","format":false,"excerpt":"CABINET WATCH- Madbouly Cabinet approves amendments to the Investment Act: The Madbouly Cabinet approved on Wednesday amendments to the Investment Act that expand the application of the law. Under amendments to Article 12, any expansion to an already existing investment project is eligible for the incentives granted under the law,\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":629430,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/30\/samcrete-toyota-arab-contractors-among-those-interested-in-ras-sudr-airport-tender\/","url_meta":{"origin":623181,"position":5},"title":"Samcrete, Toyota, Arab Contractors among those interested in Ras Sudr Airport tender","author":"enterpriseam admin","date":"30 May 2018","format":false,"excerpt":"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\u2026","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/623181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=623181"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/623181\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/623167"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=623181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=623181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=623181"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=623181"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=623181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}