AQABA
Preliminary Design, PPP Analysis & Evaluation |
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| Dr. J. Michael Cobb 2004-2009 | |
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Displayed below are selected extracts from a financial and project feasibility analysis presentation regarding development of a new combined ferry terminal and border crossing complex to be constructed on the Jordanian border with Saudi Arabia. The presentation addressed market demand-traffic analysis, alternative Public-Private-Partnership ( PPP) financing strategies, preliminary design and costs-cash flow-ROI analysis, alternatives evaluation and related recommendations regarding development, implementation and longer-term operations of the new facility. A
new ferry terminal is essential for Aqaba and Jordan for several reasons.
The existing terminal's capacity, both marine side and land side, provides
less than thirty percent of needed facilities and services for the current
traffic which primarily is between Aqaba to Nuweiba Also, existing security measures at the terminal are seriously inadequate in light of the increasing regional and international terrorism risks. Also, the existing ferry terminal must be moved to allow expansion of Aqaba's container terminal, a expansion required within the next five years in order to meet the growing import-export containerized commodity traffic central to Jordan overall economy. |
Strategic Regional
Context
Gulf of Aqaba
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.ADC
Ferry Terminal development options under various PPP models
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