The Egyptian Port of Damietta has joined the Ports of Safaga, El-Tor and Alexandria in a stage of redevelopment.
Middle Eastern news network MEED reports that Egypt’s Damietta Port Authority has floated a tender for a build, operate and transfer (BOT) contract for a new terminal. The deadline for bids lands on 29th July 2014.
The developments at the Port of Damietta signal a profound change in the port’s fortunes after a local community blockaded and shut-down the port during the 2011 uprisings in the country.
Egypt’s ports remain a vital source of income, and several large tenders have been floated since the beginning of 2014 in an effort to boost economic growth.
These include the tender, issued by the Red Sea Ports Authority, to construct a marine-jetty and containers terminal on a 56,000 square-metre plot in the Port of Safaga.
The authority has also issued a tender for a marine-jetty and multi-purpose terminal in El-Tor Port, as a petroleum company’s 10-year lease comes to an end in mid-2014.
MEED reports that yet another tender has been issued by the Alexandria Port Authority to design, build and manage a third container terminal in Alexandria with a bid bond of $2 million.
As all of the bidding deadlines for each of these tenders fall between the 26th June 2014 and 29th July 2014, a flurry of activity looks set to revive and regenerate the North African country’s maritime industry in the near future.
