{"id":642855,"date":"2017-08-23T03:57:16","date_gmt":"2017-08-23T03:57:16","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/23\/damietta-port-authority-receives-four-international-offers-for-new-container-terminal\/"},"modified":"2017-08-23T03:57:16","modified_gmt":"2017-08-23T03:57:16","slug":"damietta-port-authority-receives-four-international-offers-for-new-container-terminal","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/23\/damietta-port-authority-receives-four-international-offers-for-new-container-terminal\/","title":{"rendered":"Damietta Port Authority receives four international offers for new container terminal"},"content":{"rendered":"

The Damietta Port Authority received four international offers for the development of a second container terminal at the Damietta Port, authority head Ayman Salah told Al Borsa on Tuesday<\/a>. The bids came from France\u2019s CMA CGM, Germany\u2019s Hapag-Lloyd, United Arab Shipping Company, and China Harbor. The project was originally awarded to DIPCO in 2006, but repeated delays in execution due to liquidity shortages saw the contract terminated in arbitration. Salah said the authority is looking to establish the terminal, whose cost had then been estimated at USD 1 bn, under a JV between an international shipping line and port operator and the Damietta Container & Cargo Handling Co., which is hoping to fund more than 15% of the project, while also allowing state institutions and banks to participate.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Damietta Port Authority received four international offers for the development of a second container terminal at the Damietta Port, authority head Ayman Salah told Al Borsa on Tuesday. The bids came from France\u2019s CMA CGM, Germany\u2019s Hapag-Lloyd, United Arab Shipping Company, and China Harbor. The project was originally awarded to DIPCO in 2006, but […]<\/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":[7278],"tags":[72,7111],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-642855","post","type-post","status-publish","format-standard","hentry","category-infrastructure","tag-enterpriseam","tag-infrastructure","wpautop","entry"],"acf":{"mongo_id":"a213bc30-c294-45e7-a381-cbda6a7ee1cd","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[642823],"teaser":"","voice_url":""},"yoast_head":"\nDamietta Port Authority receives four international offers for new container terminal - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/23\/damietta-port-authority-receives-four-international-offers-for-new-container-terminal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Damietta Port Authority receives four international offers for new container terminal\" \/>\n<meta property=\"og:description\" content=\"The Damietta Port Authority received four international offers for the development of a second container terminal at the Damietta Port, authority head Ayman Salah told Al Borsa on Tuesday. The bids came from France\u2019s CMA CGM, Germany\u2019s Hapag-Lloyd, United Arab Shipping Company, and China Harbor. The project was originally awarded to DIPCO in 2006, but […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/23\/damietta-port-authority-receives-four-international-offers-for-new-container-terminal\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-23T03:57:16+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/23\/damietta-port-authority-receives-four-international-offers-for-new-container-terminal\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/23\/damietta-port-authority-receives-four-international-offers-for-new-container-terminal\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Damietta Port Authority receives four international offers for new container terminal\",\"datePublished\":\"2017-08-23T03:57:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/23\/damietta-port-authority-receives-four-international-offers-for-new-container-terminal\/\"},\"wordCount\":137,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"infrastructure\"],\"articleSection\":[\"Infrastructure\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/23\/damietta-port-authority-receives-four-international-offers-for-new-container-terminal\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/23\/damietta-port-authority-receives-four-international-offers-for-new-container-terminal\/\",\"name\":\"Damietta Port Authority receives four international offers for new container terminal - 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Port Chairman Ayman Salah met with a delegation from PwC yesterday to discuss their draft report on\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":[]},{"id":626965,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/damietta-port-authority-to-sign-loan-agreement-with-eib-to-finance-second-container-terminal\/","url_meta":{"origin":642855,"position":1},"title":"Damietta Port Authority to sign loan agreement with EIB to finance second container terminal","author":"enterpriseam admin","date":"16 July 2018","format":false,"excerpt":"The Damietta Port Authority is set to sign a loan agreement with the European Investment Bank (EIB) to finance the establishment of a second container terminal, Authority head Ayman Saleh tells Al Shorouk. Saleh doesn\u2019t provide any clarity on the timeline for the agreement. We had reported in February that\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":[]},{"id":635590,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/07\/damietta-port-authority-meet-with-local-banks-to-talk-financing\/","url_meta":{"origin":642855,"position":2},"title":"Damietta Port Authority meet with local banks to talk financing","author":"enterpriseam admin","date":"7 December 2017","format":false,"excerpt":"Head of the Damietta Port Authority Ayman Salah met with a syndicate of local banks to discuss funding of a second container terminal, according to Al Mal. The syndicate includes CIB, NBE and AAIB. The consortium, which will be a conduit for EBRD financing of the project, confirmed that funding\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":[]},{"id":570361,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/29\/transport-ministry-receives-three-bids-for-damietta-ports-second-container-terminal\/","url_meta":{"origin":642855,"position":3},"title":"Transport Ministry receives three bids for Damietta port\u2019s second container terminal","author":"enterpriseam admin","date":"29 March 2020","format":false,"excerpt":"The Transport Ministry has received bids from three international consortiums to build the second container terminal at Damietta Port in a project worth USD 300 mn, Al Shorouk reports, citing sources close to the ministry which didn\u2019t name the companies. The European Bank for Reconstruction and Development agreed in principle\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":[]},{"id":633053,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/26\/damietta-port-in-talks-for-usd-305-mn-to-finance-second-container-terminal\/","url_meta":{"origin":642855,"position":4},"title":"Damietta Port in talks for USD 305 mn to finance second container terminal","author":"enterpriseam admin","date":"26 February 2018","format":false,"excerpt":"The Damietta Port Authority is in talks with local banks and international financiers for a USD 305 mn loan needed for the establishment of its second container terminal, sources tell Al Mal. The banks include NBE, CIB, QNB, and AAIB, while the international financiers include EBRD, IFC, and JICA. The\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":[]},{"id":632761,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/19\/damietta-port-authority-re-issues-tender-for-cargo-terminal\/","url_meta":{"origin":642855,"position":5},"title":"Damietta Port Authority re-issues tender for cargo terminal","author":"enterpriseam admin","date":"19 February 2018","format":false,"excerpt":"The Damietta Port Authority has re-issued its tender for a 140k sqm cargo terminal for container ships, Al Mal reports. 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