Concession of East Port Said Liquid Bulk Terminal
(LPG and Gas Oil Tank Farm)
- Egypt
- Royal Logitc
- 2010
- USD 100 Million
- Advisory Services – PPP (Feasibility Stage)
- Project Execution Plan
- Business Model
- Risk Assessment and Mitigation Plan
- Concession Bid preparation
- Achievement
Despite significant influence from the management to push the project forward, ProcGlobal successfully addressed the risks and conditions required for approval to proceed with the investment. Consequently, the investors decided not to move forward with the investment, contingent upon meeting ProcGlobal’s recommendations. Over time, these recommendations proved to be accurate and well-founded.
The concession was part of Egypt’s national strategy to address increasing trade volumes and inefficiencies in traditional port and logistics operations. By introducing dry ports and logistic villages, the government sought to:
• Improve Supply Chain Efficiency.
• Enhance Trade Facilitation.
• Attract Private Investment, PPP.
Facilities
• 6th of October Dry Port – it is one of Egypt’s flagship dry port projects, designed to serve Cairo’s industrial zone and reduce dependency on Alexandria Port.
• 10th of Ramadan Logistic Village – Located near an industrial hub, this facility supported warehousing, distribution, and customs operations.
The project’s key features are:
• Integrated Facilities.
• Strategic Locations.
• Public-Private Partnership (PPP).
• Customs Facilitation.
• Environmental Benefits.