English | دری

Afghanistan, China sign $204.9mn road construction deal

in Afghan Business

Afghanistan, China sign $204.9mn road construction deal

Afghanistan awarded the Dara-e-Suf to Yakawlang road project to a Chinese firm after its bid of USD 204.9mn was approved by the Afghan government.

An agreement to that effect was signed by Afghan Public Works Minister Mahmoud Baligh in the presence of Mohammad Ashraf Ghani on Sunday.

The signing ceremony was also attended by the head of the Asian Development Bank and some other high level government officials in ARG Palace.

According to Minister Baligh, the Chinese firm and a Turkish firm had participated in the bidding process.

“The contract was awarded to the Chinese firm after it completed all the stand norms and conditions for the project by offering the lowest bid that reduced the construction cost by almost USD 50mn ,” said Baligh.

The head of the Chinese construction company promise to continue to support Afghanistan in its construction process.

Meanwhile, Director of the Asian Development Bank in Afghanistan, Thomas Panella, said the project was integral for internal transport in Afghanistan.

The head of the Chinese construction firm promised continued support to Afghanistan and the award of the contract to their company is the first step to participate in the reconstruction of the country.



Related Articles

2nd round of nationwide elections survey with SMS completed

Paywast, Afghanistan’s first mobile-based social networking outlet, has conducted its second round of surveys for the 2014 elections through SMS.

4th Central Asian Trade Forum to be held in Almaty

The 4th Central Asian Trade Forum (CATF) is due to be held on October 29-30, 2014 in Rixos Hotel in

ADB appoints first female director in Pakistan

The Asian Development Bank (ADB) has appointed Chinese national Xiaohong Yang as the new Country Director for Pakistan– Yang is

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*