Looks like someone is very confident that the port will be built - put your EOI in
Cameroon has launched an international call for expressions of interest (EoI) to select a firm or group to monitor technical works during the second phase of construction of the Kribi port in that country. Interested firms or groups are invited to send their offers to the office of the Kribi port’s managing director. Whoever is selected will have to “access and provide technical opinion on the records generated by China Harbour Engineering Company (CHEC), so as to be a guide to the project owner’s decisions.” During the second phase of construction Cameroon plans to have built a second container terminal with a 700-metre quayside (the first container terminal is 350-metres in length), an iron ore terminals and an oil terminal. The second container terminal will be built by the Chinese firm CHEC, thanks to the financial support of Eximbank China. The iron ore terminal will be built by the consortium exploiting the Mbalam iron deposits (Sundance Resources and its partners), while finally, the oil terminal will be built by the consortium which will produce liquefied gas at Kribi offshore (SNH, Perenco). Expressions of Interest should be submitted before 12pm GMT on 23 March 2018. Cameroon National Ports Authority, Centre des Affaires Maritimes, PO Box 4020, Douala, Cameroon. source: Business in Cameroon
SDL Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
