Holding Company for Maritime and Land Transport 1
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Holding Company for Maritime and Land Transport 1
Holding Company for Maritime and Land Transport Establish and operate a container terminal in East Port Said Basic Information Project: Establish and operate a container terminal in East Port Said Description: The establishment and operation of the container terminal for the growth of the volume of goods handled and keep up with the evolution of modern ports and compete with other companies. Location: Port Said Governorate, Port Said East Port area. Partner: Port Said Company for Container and Cargo Handling The Offer: Joint project with private sector stake of 25% through the alliance with a shipping line or a global port operator. Project Objective: 1 – Continue the growth of the volume of goods handled. 2 - To serve container ships with capacities greater than 8000 TEU. 3 – To meet the prerequisites for serving larger ships in terms of ships’ length, width and the depth, the specifications of the port and the platform. 2
Holding Company for Maritime and Land Transport Establish and operate a container terminal in East Port Said Work Plan and Expected Return for the investor: Project duration: 3 years Investment-related Information: Cost estimate: USD 642 million dollars. Sources of Finance: 60% of the cost of external financing, 40% capital. Infrastructure: Lines of transportation available: Maritime and inland transportation, railway. Power supply: electricity and diesel. Water: Freshwater Impact on the environment: Within the limits stipulated in Law #4/1992. A comprehensive environmental study will be carried out after winning the bid. 3
Holding Company for Maritime and Land Transport Establish and operate a container terminal in East Port Said Feasibility Study Available, prepared in February 2013. Advantages of Investing in the sector: Joint project with private sector stake of 25% with partnership with a shipping line or a global port operators. 4