Wednesday Jan 22, 2025
Wednesday, 22 January 2025 00:26 - - {{hitsCtrl.values.hits}}
The Cabinet of Ministers at their meeting on Monday approved awarding of a $ 4.2 million consultancy services contract to Dohwa Engineering Co. Ltd., as part of the Colombo Port Expansion Project.
The original decision which was made during the Cabinet meeting on 26 June 2023 marks a critical step forward in the development of container platform II under phase II of the project.
The approval follows a detailed evaluation process conducted in collaboration with the Asian Development Bank (ADB), which has committed to providing both technical and financial assistance for the consultancy services.
“To secure the consultancy contract, the Government initiated a competitive selection process in accordance with ADB criteria. Out of 20 initial declarations of interest, seven candidates met the stipulated prerequisites, with five subsequently submitting comprehensive proposals. After an evaluation of financial proposals from three shortlisted establishments, the Cabinet-appointed Consultation Procurement Committee recommended Dohwa Engineering Co. Ltd. for the role,” Cabinet Spokesman and Minister Dr. Nalinda Jayatissa said at the post-Cabinet meeting media briefing yesterday.
The extension of the western water break of container platform II is a critical component of the Colombo Port’s strategic expansion. It aims to enhance the port’s capacity to handle increasing maritime traffic, positioning it as a regional hub for global shipping.
The resolution to proceed with the consultancy contract was submitted by Transport, Highways, Ports, and Civil Aviation Minister Bimal Rathnayake was approved by the Cabinet of Ministers.