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China’s SPGEC-led JV awarded contracts for two sections of CPEC M-8

admin by admin
November 3, 2022
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China’s SPGEC-led JV awarded contracts for two sections of CPEC M-8
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ISLAMABAD, 3 OCT. The Hoshab-Awaran-Khuzdar stretch of the M-8, also known as the east-west motorway, which is a crucial route of the China-Pakistan Economic Corridor, will be built by the joint venture SPGEC- HRK – SB (JV), which is led by Sichuan Province Geological Engineering Complex (CPEC).

With the joint venture of the Sichuan Province Geological Engineering Complex, HRK & Company, and Shah Builders, NHA has signed a contract for the project’s construction. The JV was chosen by NHA earlier in June as the best bidder for the M-8 Project’s Section II, Awaran Naal (Package-2C: KM: 260+000 to KM: 314+0000). The contract has now been signed by both parties.

Following the contract, the contractor hereby promises to the Employer (NHA) to carry out and finish the works and correct any deficiencies in a manner that is in full compliance with the terms of the agreement.

The contract award price is around Rs. 8,088, 836,798 according to the paperwork.

A contract for the building of Hoshab Awaran Khuzdar Section 2 (Package-2B) of M-8 has also been given to the JV of SPGEC-HRK-SB. The distance on the route between KM: 200:00 and KM: 260:00 is 168 kilometers. It is appropriate to note that the JV was initially disqualified but later re-qualified as a result of a decision made by the Grievance Redressal Committee.

Meanwhile, NHA has awarded a contract for the Hoshab-Awaran-Khuzdar Section 2 (Package- 2A) to a JV of Pakistani companies namely Matracon Pakistan Pvt Limited and Construction Service Pvt Ltd.

Gwadar–Turbat– Hoshab (M-8) section of the motorway was completed under the CPEC umbrella in 2016 with an amount of Rs. 13 billion.

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