The Payra Port Authority (PPA) signs an agreement with a joint venture of South Korean firms today (Tuesday) for building terminal and other facilities at the Payra Port, official said.
The Korean firms are Kunhwa Engineering and Consulting Company Limited, Daeyoung Engineering Company Limited and Heerim Architects and Planners Company Limited.|
The government, under its mid-term plan, has taken the project to build two terminals, including six berths and 10.50-metre deep channel of the port by 2021 with an estimated cost of over Tk 39.82 billion.
Chairman of PPA Commodore M Jahangir Alam and president of Kunhwa Engineering and Consulting Company Limited Jeong Laenoh, director of Daeyoung Engineering Company Limited Dae Jinkim and country manager of Heerim Architects and Planners Company Limited Eun Sangjo will sign the agreement.
State Minister for Shipping Khalid Mahmud Chowdhury will be present during the signing ceremony, according to the ministry of shipping (MoS).
A high official of the MoS told the FE that Kunhwa Engineering and Consulting Company Limited (lead partner), Daeyoung Engineering Company Limited (partner) and Heerim Architects and Planners Company Limited (partner) will work as the main consultants while local firm Symbiotic Architects will act as sub- consultant for building the first terminal.
The work of the consultant firm will be divided into two phases (design and supervision phases). As per the design phase, the consultant firms will prepare terminal plan, design, drawing, estimation, tender document and specification of machinery.
The supervision phase will see the civil, electrical, mechanical and other related works.
All the works will be completed within the next 36 months. The design phase will get six months while the supervision phase will have 30 months for completing their designated tasks.
The port is one of the government's 10 first-track projects. The government has taken short, medium and long term plan for the development of the port.
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