Project Description
This project envisages the establishment of an automated, high speed, state of the art facility for import & export handling of grain and ambient storage of imported wheat at Port Sudan. The rated capacity for ship unloading/loading would be 1,200 tons per hour. The designed capacity for silos storage of wheat is 100,000 tons.

Project Sponsors

Mr. Mohsin H. AlHadha is the principal owner, shareholder and sponsor of AlHadha Mills & Silos for Investment Company Limited (AMS). He is also the principal shareholder of AlHadha Trading LLC, Dubai - a well-established commodities and brokerage firm that is the flagship enterprise of the AlHadha Group, UAE. The Group has existing business interests in the Sudan. It accounted for 22% of the total wheat imported into the Sudan in 2002.

Project Location

The project is to be located at Port Sudan on the Red Sea adjacent to a new, dedicated grain handling jetty provided to AMS by the Government of the Sudan.

Project Cost

Total project cost is estimated at US$17.7 million, of which the sponsors' contribution would be 66%.

ICD's Role and Developmental Impact

ICD's lease finance facility for US$6.0 million shall cover the purchase of the two marine loading/unloading arms to be installed at the quayside. The Project is envisaged to have significant developmental impact on the country - both direct and indirect. The Sudan lacks basic import handling infrastructure that results in enormous wastage and losses on account of delays, demurrage and additional transport costs due to inadequate storage capacity at the port itself. Downstream milling, transport and distribution industries are likely to benefit from quicker turnarounds and lower unit costs, with the benefit ultimately accruing to the Sudanese consumer.