Kuwait awards re-tendered $4.34bn airport project to Turkish Limak

Kuwait awards re-tendered $4.34bn airport project to Turkish Limak :Kuwait’s government has awarded a contract to build a new terminal at Kuwait International Airport to the same consortium that had an earlier more-expensive bid dismissed.

Turkey’s Limak Holding and local construction firm Kharafi National won the deal after bidding $4.34bn (1.312bn dinars) for the work – $244.36m (74m dinars) cheaper than the offer it submitted in November.

All bids made in November were dismissed by the government without explanation. However, ministry sources were quoted saying they had been too expensive and had not met technical specifications, according to Kuwait’s Al Watan newspaper. The government’s Central Tenders Committee revealed the Limak-Kharafi consortium had submitted the lowest bid during the re-tendering process.

Kuwait has planned tens of billions of dollars worth of infrastructure projects in recent years but many have been held up by bureaucratic delays, political tensions and allegations by some members of the parliament of corruption and inefficiency.

kuwait-awards-re-tendered-4-34bn-airport-project-to-turkish-limak

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