Ten in for TangMed hydrocarbons terminal

22 October 2004
Ten companies and groups have submitted expressions of interest for the 30-year concession to manage and operate the hydrocarbons terminal at the kingdom's flagship infrastructure project, the Tangier-Mediterranean port (TangMed). The successful company will be responsible for the superstructure and equipment installation, management and maintenance of the 110-metre-long terminal, which will cover an area of 13 hectares and have six docking berths with an alongside draught depth of 16 metres.

The client, the Tangier-Mediterranean Special Agency (TMSA), is expected to shortlist the prequalifiers in November with a view to issuing a tender in early December. A similar tender is also being prepared for the concession to own and operate the port's tug boats. Both contracts are expected to be awarded in the second quarter next year.

TMSA and the UAE's Jebel Ali Free Zone International (JAFZI) signed in mid-October a co-operation agreement relating to the operations of TangMed's free zones. Under the terms of the 10-year agreement, JAFZI will support TMSA in implementing operational best practice to expedite sustained development of the project. One of the aims of the accord is that by pooling information and resources, the two sides can offer international companies the opportunity to establish activities in both the TangMed and Jebel Ali free zones.

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