Tibar Bay Deepwater Port

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The project entails the construction of a new port at Tibar Bay, west of Dili, Timor-Leste. The sponsor is Bolloré Group which will develop the facility through design, build, co-finance, operate and transfer (DBFOT) basis., EGT Engenharia & FASE Estudos e Projetos (Independent Engineer) was jointly hired to independently supervise the design and construction of the port. The project will require an initial investment of $280 million and a further $210 million in expansion costs. The public-private partnership involves an initial investment of US$148.85 million from private partners and US$129.45 million from the government, with Bolloré Port investing another US$211.7 million over the concession period. It comprises the development of a 630 meter wharf with a draught of 15 meters, and a 24 ha yard along the western side of Tibar Bay, along with container storage, equipment and other infrastructure required by a modern cargo terminal. The project reached financial close in August 2018. https://ijglobal.com/articles/136108/tibar-bay-port-timor-lestes-first-ever-ppp http://www.infrapppworld.com/news/megaproject-624-bollore-wins-tibar-bay-port-ppp-project http://www.globalconstructionreview.com/news/bollore-starts-work-st7arts-ti7mor-lest7es-490m/ https://macauhub.com.mo/2017/06/15/pt-porto-de-tibar-comeca-a-ser-construido-em-timor-leste/, https://macauhub.com.mo/feature/chec-starts-work-on-timorese-port/