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Damietta Container Terminal II Loan

Sector: Seaport • Location: Egypt

Source: European Bank for Reconstruction and Development (EBRD)

Project
Repaying

A senior loan of up to USD 125 million in favour of the Damietta Alliance Container Terminal (the "Company", the "Borrower"), a special purpose vehicle established to develop a second Container Terminal in Damietta Port ("CT II"or the "Project") on the basis of a 30-year Build, Operate and Transfer Concession Agreement granted by the port landlord, Damietta Port Authority ("DPA"). The Loan is part

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The project “Damietta Container Terminal II Loan” is an infrastructure initiative in the Seaport sector, located in Egypt. Taiyo aggregates data on it from European Bank for Reconstruction and Development (EBRD).

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Participants

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Status

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repaying

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Description

Description

A senior loan of up to USD 125 million in favour of the Damietta Alliance Container Terminal (the "Company", the "Borrower"), a special purpose vehicle established to develop a second Container Terminal in Damietta Port ("CT II"or the "Project") on the basis of a 30-year Build, Operate and Transfer Concession Agreement granted by the port landlord, Damietta Port Authority ("DPA"). The Loan is part of a financing package of USD 455 million expected to be co-financed by the Asian Infrastructure Investment Bank ("AIIB"), Deutsche Investitions und Entwicklungsgesellschaft ("DEG"), the International Finance Corporation ("IFC"), and Proparco.

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Original Currency

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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