Turkish/Luxembourg/local joint venture offered $787m for the project
A joint venture comprising Turkeys STFA, local Societe Generale des Travaux Du Maroc and Luxembourgs Jan De Nul won the contract for the construction of a deep water port at Nador West in Morocco.
The joint venture offered MD7.6bn ($787.2m) for the project, outbidding five other groups.
The non-winning bidders and their financial offers are:
- Acciona (Spain) / Grandi Lavori Fincosit (Italy) / IPC ($944.3m)
- China Harbour Engineering Construction (China) ($951.2m)
- Somagec (local) / Boskalis International (Netherlands) ($957.8m)
- Archirodon (Greece) / Daewoo (South Korea) ($1.08bn)
- Samsung C&T (South Korea) ($1.15bn)
The scope of the contract involves construction, dredging and civil infrastructure work.
On completion, the port is understood to have an annual capacity for 3 million containers, 25 million tonnes of hydrocarbons, 7 million tonnes of loose coal and 3 million tonnes of other goods.
In November 2015, the London-based European Bank for Reconstruction & Development (EBRD) issued a tender for three independent consultancy roles for the new port. All three consultancy contracts were to begin in the first quarter of 2016.
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