A venture of France's Degremont with the local Mapa has submitted the low bid of about $34.2 million for a water treatment works at Emirli. The contract is part of the $280 million Yesilcay water supply project for Istanbul. The client is the State Hydraulic Works.
The ventures of foreign and local companies bidding for the project were:
Mapa with Degremont - $34.2 million
Alarko with Italy's EMIT - $37.5 million
Alke with the US' Greeley & Hansen - $37.8 million
Tekser with the UK's Biwater International - $45 million
Guris with France's OTV - $46.5 million.
The contract calls for the construction of a new treatment plant with a capacity of 600,000 cubic metres a day. Part-financed by the Kuwait Fund for Arab Economic Development, the Yesilcay project aims to supply about 145 million cubic metres of water a year to Istanbul (Water, MEED Special Report, 26:1:96, page 12-13).
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.