Port Qasim Authority and M/S Med Marine Shipyard Turkey signs a contract for Construction of Tug Boat at Islamabad
Islamabad: 15th March, 2022
Port Qasim Authority and M/s Med Marine Shipyard Turkey has signed a contract for supply and construction of one Conventional Twin-screw Buoy Tender (Tug Boat) at the tender cost of US$ 9.149 million at Ministry of Maritime Affairs Islamabad. The Buoy tender will be constructed & delivered to PQA within a period of 15 months.
PQA advertised tender in December 2020 against which 3 bidders participated in procurement process. As a result of evaluation, M/s Med Marine was declared successful lowest evaluated bidder as PPRA rules. The second and third lowest bidders were comparatively exorbitant in price from 1st lowest bidder and had quoted US$ 15.436 million & US$ 18.079 million respectively.
The contract signing was witnessed by the Federal Minister for Maritime Affairs & H.E. Ihsan Kamal, Turkish Ambassador to Pakistan as well as other officers of Maritime Affairs and PQA.