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EPC tender for Indian cos for Maldives’ Gulhifalhu Port likely in FY24
NEW DELHI: The Export-Import BankofIndiaonbehalfoftheGovernment of India has approved financing of the project out of a Line of Credit extended to the Government of Maldives and as per guidelines, goods, works and services for minimum 75% value of the contracts covered under Line of Credit, must be sourced from India
The engineering, procurement, and constr uction tender for Indian companies for the development of Gulhifalhu Port in Maldives is expected to be floated by the South Asian island nation by end of the current financial year 2023-24 (Apr-Mar).
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According to two senior officials from EXIM Bank of India, which extends Line of Credit to India’s neighbours and countries across the world for undertaking India funded infrastructure projects, the outlay for the project is $400 million.
“The EPC tender is expected to come in the current financial year Currently, land reclamation work is being undertaken for the development of the (greenfield) port,” a senior official from Export-Import Bank of India said. The existing main port located in M a l d i v e s ’ c a p i t a l M a l é – M a l e Commercial Harbour – has only one berthforcargohandlingandiscongested exceeding its handling capacity. The upcoming port at nearby Gulhifalhu is expectedtoaddressthecapacityissues Apart from Gulhifalhu Port project, India is engaged in the development of airports at Hanimaadhoo and Gan Island, an island connectivity project called Greater Male Connectivity Project, among others.
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m.v. “OOCL LUXEMBOURG” V-104E I.G.M. No. 2352397 Dtd. 18-08-2023
The above vessel has arrived at GTI on 21/08/2023 with Import Cargo in containers.
Consignees are requested to obtain DELIVERY ORDERS on presentation of ORIGINAL BILLS of LADING and on payment of relative charges as applicable within 5 days or else Detention Charges will be applicable.
If there is any delay in CY-CFS movement due to port congestion Line/Agent are not responsible for the same.
Consignees will please note that the Carriers and/or their Agents are not bound to send Individual Notifications regarding the arrival of the vessel or the goods.
For detailed information on cargo availability please contact our office.
For any charges enquiries, Please contact on our Import Hotline No. : 4252 4444