Republic of Djibouti

Port of Tadjourah

Loan No.:

577

Interest Rate:

2.5%

Beneficiary:

Ministry of Equipment and Transport

Grace Period:

5 years

Project Cost:

KD 21.5 million

Maturity:

25 years

Amount of Loan:

KD 10.0 million

Repayment:

41 semi-annual installments

Date of Loan Agreement:

17/04/2012

First Installment:

5 years following the first disbursement

Date of Effectiveness:

--


Objectives:

The project aims at improving maritime transport services in the Republic of Djibouti. This will be achieved through the construction of a new port in the city of Tadjourah to meet the increasing marine traffic demand, thus contributing to the economic and social development of the country, particularly the northern regions.

Description:

The project, which is expected to be completed by the end of the first quarter of 2015, consists of the construction of the marine and civil works required for dredging and filling works. It includes the construction of a general cargo quay, a ro-ro terminal and breakwaters. It also includes the construction of the infrastructure and buildings, and the provision of the required equipment to operate the port. The project also includes technical and consultancy services for its implementation. The main components of the project can be summarized as follows:

  1. Marine Works:
    1. a. Dredging and Backfilling: This component consists of dredging the port basin and entrance channel to a depth of about 12 m below sea level. It also includes backfilling works used to reclaim sea areas to provide land space necessary for storage and future port development .
    2. b. General Cargo Quay: This component consists of the construction of a 435 m quay, made of cellular cylindrical cofferdams, with two berthing facilities for general cargo vessels.
    3. c. Ro-Ro Terminal: This component includes the construction of a typical ro-ro marine terminal with a length of about 190 m, to be used for berthing and mooring facilities.
    4. d. Breakwaters and Accessories: This component includes the construction of two breakwaters with a total length of about 440 m, required to protect the port basin. It also includes the construction of a canal for the initial wadi flood diversion, and two gabion walls to protect the port area.
  2. Infrastructure, Buildings and Equipment:
    1. a. Paving: This component includes the paving of storage areas with about 20 thousand m2 of reinforced concrete and about 140 thousand m2 of asphalt concrete, in addition to the paving of roads inside the port.
    2. b. Buildings, Networks and Services: This component includes all civil and architectural works for management, storage and maintenance buildings, a maritime traffic control tower, in addition to works for electricity, drinking water, sewage and telephone networks, and other ancillary works.
    3. c. Equipment: This component includes the acquisition of all land and marine equipment and devices necessary for the port's operations.
  3. Consultancy Services: This includes the consultancy services required for the supervision of the project.

Financing:

The Arab Fund's loan covers about 47% of the total project cost. It is expected that the Saudi Fund for Development will provide a loan equivalent to about KD 7.0 million (about 33% of the total project cost). The Government of Djibouti will cover the remaining cost of the project and any additional cost that may arise.


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