Abu Tartour Port (IFC-600768)

Countries
  • Egypt
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
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.
Voting Date
Jan 13, 2016
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Arab Republic of Egypt
The holder of the loan, grant, or other investment.
Sectors
  • Infrastructure
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Oct 14, 2017

Disclosed by Bank Nov 30, 2016


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Project Description
The PPP Central Unit and the Ministry of Trade and Industry is seeking a private sector partner to operate and maintain the existing Abu Tartour Port infrastructure, and to develop new industrial activities at the site. IFC will provide advisory services, which will include first conducting a detailed legal, technical, environmental & social, and commercial review of the project to determine its feasibility. If the project is feasible, IFC will develop a PPP transaction structure for government review before helping implement an open and competitive tender for the contract.
Investment Description
  • International Finance Corporation (IFC)
Contact Information
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