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Home›Business & Finance›Malaysian Firm Faces Charges for Abandoning Karnaphuli Project
Business & Finance

June 3, 2014 · about 12 years ago

Malaysian Firm Faces Charges for Abandoning Karnaphuli Project

Malaysian Maritime and Dredging Corporation is facing government punishment for not completing Karnaphuli capital dredging project, chairman of the Parliamentary Standing Committee (PSC) on Shipping Ministry Rafiqul Islam announced. The Malaysian firm signed a contract with the Chittagong Port Autho

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Malaysian Maritime and Dredging Corporation is facing government punishment for not completing Karnaphuli capital dredging project, chairman of the Parliamentary Standing Committee (PSC) on Shipping Ministry Rafiqul Islam announced.

The Malaysian firm signed a contract with the Chittagong Port Authority on April 28, 2011 to conduct the dredging project, which was supposed to be concluded in January 2013. The deadline of the project was extended several times, but the Company failed to complete it, UNB Connect reports.

PSC plans to advise Chittagong Port Authority (CPA) to prepare another tender to appoint a new contractor for this project.

Dredging Today Staff, June 3, 2014

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