Gulf Construction Online – Duff & Phelps named financial advisor for $2.5bn Suez project

Anchorage Investments

Anchorage Investments has appointed Duff & Phelps as financial advisor in preparation for the financial closure phase in the development of The Anchor Benitoite, a unique $2.5 billion industrial complex in the Suez Canal Economic Zone that will support petrochemical projects, increase foreign direct investment, and contribute to Egypt’s GDP.

A major specialist in the development, investment and operation of industrial projects in the petrochemical sector, Anchorage Investments said it plans to complete the financial closing stage, after which the company will start the implementation and construction stage, up to the last stage of actual operation and production…

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