Kuwait Port Authority is expected to award the engineering, procurement and construction (EPC) contract for the utilities and systems package of Shuwaikh Port Expansion project by the first quarter 2021, a source aware of the project details said.
"The main contract tender was issued on 13 September 2020 with a submission deadline of 13 December. The EPC contract award is expected to by March 2021," the source told Zawya Projects, adding that the project is scheduled for completion by December 2023.
The scope of work involves the development of new utilities and the systems, civil works, road and associated facilities.
Meinhardt Group has been mandated as front-end engineering design consultant for the project, a second source told Zawya Projects.
The project value, as estimated by the first source, is $70 million.
The Shuwaikh Port expansion involves deepening the port's current 8.5-metre-deep naval canal to enable ships of up to 14 metres in immersion and widening the canal to more than 420 metres width to pass.
(Reporting by Senthil Palanisamy; Editing by Anoop Menon)
Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.
© ZAWYA 2020