Umm Qasr Terminal 2
Sector: Commercial • Location: Al-Basrah, Iraq
Source: World Bank Group
The Umm Qasr Port (UQP or the Port) is located approximately 70 km south of Basra, Iraq, and is considered Iraq’s main port handling most of the container traffic and serving a large portion of the Iraqi population. Aloreen Company for Investments (Aloreen or the Company) has been operating since 2016, under a 25-year concession agreement from the General Council for the Ports of Iraq (GCPI), with
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | Active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The Umm Qasr Port (UQP or the Port) is located approximately 70 km south of Basra, Iraq, and is considered Iraq’s main port handling most of the container traffic and serving a large portion of the Iraqi population. Aloreen Company for Investments (Aloreen or the Company) has been operating since 2016, under a 25-year concession agreement from the General Council for the Ports of Iraq (GCPI), with the commercial name of Basra Multipurpose Terminal (“BMT”), a multipurpose terminal (“Terminal 1”) at UQP. The Company is now seeking to increase its overall capacity by developing a new terminal exclusively dedicated to containers (Terminal 2 or the Project). IFC will provide up to $ 45 million in senior debt financing to the Company from IFC’s own account and help mobilize additional financing from other lenders. Another $ 80 million as debt will be provided by JICA. https://disclosures.ifc.org/project-detail/ESRS/40784/umm-qasr |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |