ICTSI Wins 20-Year Concession for Port Sudan Terminal - SkyscraperCity

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Old July 22nd, 2018, 03:56 AM   #1
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ICTSI Wins 20-Year Concession for Port Sudan Terminal

Phillipines-based port operator International Container Terminal Services (ICTSI) has won preferred-bidder status to operate and develop Port Sudan's South Port Container Terminal. Sudan's ports corporation selected ICTSI to run the terminal under a new 20-year concession. The terms are under discussion.

SPCT has a capacity of about one million TEU, and it handled about 470,000 TEU last year. It has 16 meters of depth alongside, and it is equipped with modern RTGs and STS cranes. It was built in 2011 as part of a modernization and expansion push for Port Sudan.

Port Sudan is the nation's main seaport, handling about 90 percent of Sudanese foreign trade. Sudan's Ministry of Transportation has been working on controversial privatization plans for the port since 2016, leading to protests from workers' groups. ICTSI competitor DP World was reportedly involved in early talks with the ministry, but did not ultimately secure the concession. The Sudan Democracy First Group, an advocacy organization, alleges that the Sudanese government dismissed more than 3,000 workers in early 2017 in the run-up to a privatization bid.

In October 2017, the United States lifted sanctions on Sudan over its internal military operations and its interference with South Sudan. As a result, U.S. entities can generally do business with Sudanese individuals and companies.

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