Project Description

MTBS was appointed by the sponsor for the provision of traffic, technical and environmental advisory services to a consortium of banks (Arab National Bank and the Saudi Arabia British Bank) in light of a project finance facility. The main goal of the assignment was to attract funding for the further expansion of the port. The MTBS team was responsible for conducting a comprehensive traffic assessment for the container, ro-ro and dry bulk segment. In addition MTBS was responsible for carrying out the technical and environmental due diligence for the port. MTBS assisted the lenders and the sponsor up to financial close of the project finance facility.