Tunisian state news agency TAP reported that Kuwait's Al Mal Investment Co and Canada's biggest engineering company SNC-Lavalin Group Inc have bid for Tunisia's USD 1.4 billion port licence.

The news agency said that Al-Mal is teaming up with Hutchison Port the world's largest container terminal operator in its offer to buy the deep-water Enfida port licence.

Tunisian officials have said they expected the winning bidder to be named later in 2009. They added that the seaport in Enfida is located some 130 km south of Tunis and it would have a capacity of 5 million containers per year.

(Sourced from TAP)