Joint Venture Wins New Aqaba Port Marine Works

By Suzanne Fenton – Published on
A joint venture comprising the Netherlands-based NAM international and Jordan’s MAG Contracting and Engineering has won the JD65m ($91.6m) contract to carry out the marine works at Jordan’s New Aqaba Port.
The Marine works package consists of the construction of four general cargo berths, dredging and reclamation, as well as the construction of a harbor for marine services. Work is expected to take two years to complete
The local Aqaba Development Corporation (ADC) signed the contact with the joint venture in December 2011. The ADC received nine bids for the marine works deal in April 2011.
US-based Aecom carried out the design of the marine works package, which is the first package to be carried out at the new port. The ADC will now start to tender the remaining packages.
The Jordanian government is financing the New Aqaba Port project itself after an initial public-private partnership (PPP) deal with an international consortium broke down in January last year. A consortium comprising two French companies, Bouygues and Bollore, along with the Athens-based Consolidated Contactors Company (CCC) has signed a memorandum of understanding (MoU) with the ADC to design, build, operate and finance the port as a PPP. This agreement is now void.