Indian media reported that the Maldivian government is expected to call for tenders from Indian companies for the engineering, procurement and construction of Gulhifalhu Port by the end of financial year 2023-24. The US$400 million project is funded through a Line of Credit from the Exim Bank of India, is estimated for completion in 2026, and will have an initial capacity of 400,000 20-foot containers.
One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
The Engineering, Procurement, and Construction (ECP) tender is expected to be issued during this ongoing financial year.
Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.
It reported that as per the agreement, goods, work and services for a minimum of 75% value of the contracts covered under the Line of Credit must be sourced from India.
Word for word from the report in Maldives Republic. Open the report
Upon completion, the port is set to have an initial capacity to host 400,000 20-foot containers and will see the development of administrative areas as well as a container terminal, cargo terminal, port service quay, bonded warehouses and a domestic quay.
Word for word from the report in Maldives Republic. Open the report
The project is estimated to be completed by 2026 and is valued at US$400 million, funded through a Line of Credit Facility provided by the Exim Bank of India.
Word for word from the report in Maldives Republic. Open the report
The project is estimated to be completed by 2026 and is valued at US$400 million, funded through a Line of Credit Facility provided by the Exim Bank of India.
Word for word from the report in Maldives Republic. Open the report
Indian media has reported that the Maldivian government is expected to call for tenders from Indian companies for engineering, procurement, and construction of Gulhifalhu Port by end of the current financial year 2023-24 (Apr-Mar).
Word for word from the report in Maldives Republic. Open the report
A senior official from the EXIM Bank was quoted by ET Infra as saying, “The Engineering, Procurement, and Construction (ECP) tender is expected to be issued during this ongoing financial year.”
Word for word from the report in Maldives Republic. Open the report