ISLAMABAD: Port Qasim Authority (PQA) and Med Marine Shipyard Turkey (a Turkish tugboat building company) have signed a Memorandum of Understanding (MoU) to construct Tugboat.
Port Qasim Authority and Med Marine Shipyard Turkey signed a contract for supply and construction of one Conventional Twin-screw Buoy Tender (Tugboat) at the tender cost of US$ 9.149 million at the Ministry of Maritime Affairs, said a news release.
The Buoy tender will be constructed and delivered to PQA within a period of 15 months, said a press release here.
PQA advertised tender in December 2020 against which 3 bidders participated in the procurement process. As a result of the evaluation, Med Marine was declared successful lowest evaluated bidder as PPRA rules.
The second and third lowest bidders were comparatively exorbitant in price from the lowest bidder and had quoted US$ 15.436 million and US$ 18.079 million respectively.
The contract signing was witnessed by the Federal Minister for Maritime Affairs Ali Haider Zaidi and Turkish Ambassador to Pakistan, Ihsan Kamal as well as other officers of Maritime Affairs and PQA.