Date: Sun, 1 Feb 2015 15:18:10 -0700
http://www.tesfanews.net/china-imports-20-million-worth-of-copper-from-eritrea/
By *TesfaNews*,
*THE* most exciting, most tempting and the largest single project involving
a foreign company since independence is going to be carried out
in Massawa by China Harbor Engineering Company Ltd. (CHEC).
According to *CHEC
<http://www.chec.bj.cn/zg/tabid/81/InfoID/5150/Default.aspx>*, Eritrean
Ambassador to China Tseggai Tesfazion and CHEC Vice President Lin Yichong
formally signed the Engineering, Procurement and Construction (EPC) general
contract on January 28, 2014 for Massawa New Port Project at the company’s
headquarter.
With a contract amount of nearly *$400 million* and a construction period
of 40 months, the *Phase I **Massawa** New Port Project* involves mainly
the design and construction of a *70,000t bulk cargo terminal* and a *50,000t
**multi-purpose** terminal*; construction of the corresponding port area
and incoming road, goods yard, office facilities and inspection area and so
on; supply of such supporting facilities and equipment as power
supply, water supply and drainage, communication, navigation and auxiliary
tug; the installation and debugging of them; and supply of such services as
technical training related to trial operation.
On numerous occasions, the Eritrean president stated about a “huge” port
construction and upgrading project plans but delayed due to other pending
priorities.
The development of the mining industry in the country continually demands
the expansion and improvement of road and energy infrastructures. The new
ore-processing unit that was built alongside the main port in Massawa is
serving as the country’s lone ore terminal for bulk exporting of minerals.
With two more mining companies entering into production in 2015 and early
2016 through direct shipment of ore (DSO), t
Read more at
http://www.tesfanews.net/us-400-million-new-massawa-port-project-contract-goes-chinese-chec/#dXt3lpscLSTf3h1V.99
Ibrahim I. Suliman
(image/jpeg attachment: rt-massawa.jpg)
(image/jpeg attachment: massawa-port2.jpg)
(image/jpeg attachment: ore-terminal.jpg)
(image/jpeg attachment: bisha_copper_concentrate-1.jpg)