Synergy Consulting is pleased to be appointed as the Financial and Commercial Consultant by the European Bank for Reconstruction and Development (EBRD) to support the General Authority for Land and Dry Ports (GALDP) and Public Private Partnership Central Unit (PPPCU), Ministry of Finance, Egypt for the procurement of a new dry port and value-added logistics center near the 10th of Ramadan city.
The Project is to be the second to be implemented under the Masterplan for Nationwide Transport System of Egypt after the 6th of October Dry Port. The scope of work proposed to be undertaken by Synergy includes transaction structuring, commercial due diligence, project preparation and procurement support through the Financial Close of the captioned Project.
Key details of the Project:
- Project location: 10th of Ramadan city (about 70 km north-east of Cairo)
- Infrastructure to be developed: Dry Port and Value-Added Logistics Center
- Project size: Dry Port expected to handle over a million TEU/ annum
- Private party’s scope: Design, Build and Finance the Project, Operate over the concession term and Transfer back to the government at the end of the term