GESZ Mineral Port (DFC-2019-GESZMINERALPO)

Countries
  • Gabon
Where the impacts of the investment may be experienced.
Financial Institutions
  • US International Development Finance Corporation (DFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Meridiam Africa Infrastructure Investment FIPS
The holder of the loan, grant, or other investment.
Sectors
  • Mining
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 5.77 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 5.77 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 49.59 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ DFC website

Updated in EWS Jun 27, 2020


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Project Description

The Project is the development, construction, operation and maintenance of a mineral and specialized bulk terminal port, GSEZ Mineral Port, in the city of Owendo near Libreville,
Gabon. The port will be a viable logistics solution for the export and import of minerals and other products. It is scheduled to be built in two phases under a development agreement
signed with the government of Gabon represented by the Ministry of Economy and Ministry of Transport and Logistics in the region of Owendo for a 90-year concession period. GSEZ MP also signed a concession agreement with the Office of Ports and Harbours of Gabon OPRAG for a 30-year period, extendable for 20 years (or more, in accordance with the Master Agreement). 

Investment Description
  • US International Development Finance Corporation (DFC)
Contact Information

No contact information provided at the time of disclosure