Pakistan-KPT awards Rs12.8bn contract to China firm
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The Karachi Port Trust (KPT) has awarded the contract for marine protection works at the Pakistan Deep Water Container Port to a Chinese company, at a cost of Rs12.8 billion. The deep-sea container terminal, being built at a total cost of $1.6 billion, would become operational by 2013. A signing ceremony in this regard was held here wherein the KPT chairperson Nasreen Haque and China Harbour Engineering Company president Sunziyu inked the contract. Federal minister for port and shipping Babar Khan Ghauri witnessed the signing ceremony on late Wednesday evening.
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Friday 11 December, 2009 12:41 PM |