BMT has been involved in determining traffic forecasts and market analysis for various commodities to be targeted by the new port owners. The port operational and financial analysis has been undertaken as an integral part of the development strategy for the new port, which is closely linked to the development of the adjacent industrial zone.

The work was undertaken to an extremely tight programme to ensure the implementation of the new port can be completed for operations by 2010.

An integral part of the work was determining the future market throughput for the new port and facilities for the start up operations and the first 20 years of operations. Using the series of operational scenarios a financial model of the new port was prepared as a basis for determining the economics, including future options for expansion.

BMT has also completed its assistance to Mubadala Development Company for the corporatisation of the existing Mina Zayed Port at Abu Dhabi in the United Arab Emirates.

The work undertaken by BMT was to provide assistance with the process for corporatisation and finalisation of an operating concession. This encompassed the legal and financial due diligence, the development and implementation of the new industry structure and the management of the privatisation of the port operation, as well as transfer of the existing assets and resources to a new operator. One of the main issues was the selection and transfer of staff from the existing Port Authority to the new operator.

BMT assistance with this process resulted in the successful 5 year concession agreement for the port operations to Abu Dhabi Terminals (ADT) in joint venture with Dubai Port World (DPW). During the process BMT assisted the client with the contractual and legal framework for concession. MJ Information No: 22326