Sudan’s state-run Sea Ports Corp. is considering China Harbour’s offer of $543 million in funding to expand facilities at the historic port of Suakin, the head of the board of directors, Abdul Gadir Abu Ali, said in an interview. The African nation would repay the sum over 30 years, he said.
The Chinese firm is vying with a Qatari company, Abu Ali said, declining to give its name. Qatar agreed with Sudan to develop Suakin seaport in March 2018, about a year before long-time dictator Omar al-Bashir was ousted in a popular uprising. The deal wasn’t finalized.
DP World, meanwhile, has expressed interest in developing the southern terminal at Port Sudan, the country’s main maritime transit point, according to a person familiar with the discussions who asked not to be identified. Sudan in 2019 suspended a contract to operate the facility held by International Container Terminal Services Inc., a Filipino company.
Sudan, which is recalibrating its foreign relations after the fall of Bashir’s 30-year regime, has seen a surge of interest in its coastline that sits on the approach to the Suez Canal. Russia has plans for a naval base, while a U.S. naval ship recently docked in Sudan for the first time in decades. China Harbour is already developing a port for shipping livestock at Haidob, south of Port Sudan.
A DP World spokesman said it didn’t comment on “market speculation.” Calls to numbers on China Harbour’s website for its offices in Beijing and Sudan’s capital Khartoum didn’t connect.
— With assistance by Layan Odeh
Source link : https://www.bloomberg.com/news/articles/2021-03-02/dp-world-china-harbour-vie-for-roles-in-sudan-s-red-sea-ports
Publish date : 2021-03-02 06:00:00