The Transport and Harbours Department (T&HD) yesterday signed a US$12.7M contract with an Indian company to commence the construction of an ocean-going passenger and cargo ferry for the North West District and other parts of the country.
The signing marks the end of a years-long delay in the major project which is funded by the Indian Government.
The contract was awarded to India’s shipbuilding company, Garden Reach Shipbuilders & Engineers Ltd (GRESL) at a sum of USD$12, 733,403.
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