Two Indian companies in fray for Nepal airport project

Kathmandu: Two Indian construction companies are in the fray for a project to improve Nepal's lone international airport in Kathmandu.
New Delhi's IRCON International Limited and an Indo-Nepal joint venture between Mumbai's Valecha Engineering Ltd and local partner YP Construction are among the six companies that have qualified to bid for the runway and taxiway overlay work at Tribhuvan International Airport.
The directorate of the Tribhuvan International Airport improvement project which is overseeing the work. .
The Indian companies will face stiff competition from the Chinese. The other four competitors are Sino-Nepal joint ventures.
Unlike the Indian companies, all four have some presence in Kathmandu valley. They are China Railway Engineering Corporation partnered by Nepali Tundi Construction, China Tiesiju Civil Engineering Group with Kalika Construction as its local partner, a joint venture between China Gezhouba Water and Power Group Corporation and Nepal's PS Construction, and Sinohydro Corporation with local partner Chitwon Co-Enepal.
05/07/07 Indo-Asian News Service/Hindustan Times

To Read the News in full at Source, Click the Headline

Categories: Airports Jul 2007, Foreign Jul 2007