Tk 302 cr deal with Chinese co signed
Chittagong Water Supply and Sewerage Authority signed a contract with a Chinese joint venture company yesterday for establishing phase one of Karnaphuli Water Supply Project, a water treatment plant, at Pomra of Rangunia upazila.
China National Technical Import and Export Corporation (CNTIEC) and Beijing Sound Environment Engineering Corporation (BSEEC), got the Tk 302 crore deal.
Chittagong Wasa Deputy Managing Director Sayed Ohidur Rahman, President of CNTIEC Shah Wei and General Manager of BSEEC Wei Wei signed the contract on behalf of their respective organisations.
The total cost of the project is 1501 crore, where Japan International Cooperation Agency will give Tk 991 crore, the government will provide Tk 504 crore and Chittagong Wasa will spend Tk 15 crore.