The Ministry of Communication, Technologies & Transport has prequalified seven international companies and groups for a 40-year build-transfer-operate (BTO) concession on the estimated $450 million airport project in the central region of Enfidha. Eleven firms applied for prequalification in May (MEED 14:5:04).
The ministry plans to issue the tender soon. The scheduled date for the submission and opening of bids is 15 November, with a contract award to be made by year-end. Construction is expected to start in early 2005 on the airport, which will have initial capacity of 5 million passengers a year. As build-operate-transfer (BOT) concessions are prohibited under local law, the successful bidder will be required to transfer the airport to the state before it can start operating the facility. A consortium headed by Rothschild (Paris)and including the local Comete Engineeringand France's Gide LoyretteNouelis providing financial, technical and legal advice to Tunis (MEED 13:2:04).
You might also like...
Rainmaking in the world economy
19 April 2024
Oman receives Madha industrial city tender prices
19 April 2024
Neom seeks to raise funds in $1.3bn sukuk sale
19 April 2024
Saudi firm advances Neutral Zone real estate plans
19 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.
