AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)

BEIJING: Ningxia Communications Construction Co. Ltd has won the construction contract of Package-2 of Gilgit-Shandoor Road, which is a part of Gilgit-Shandur-Chitral Road, proving an alternative route to the China-Pakistan Economic Corridor (CPEC).

Overseas Division of Ningxia Communications Construction Co. Ltd has received Letter of Acceptance for Construction of Package -02 (61Km) of Gilgit-Shandoor (216 Km), reads the official statement of the company.

“The winning of the bid is of great significance for the company to stabilize the Pakistani market and has laid the foundation for healthy and orderly development,” according to Ningxia Communications’ Overseas Business Division.

The Executive Committee of the National Economic Council (ECNEC) has approved Gilgit-Shandoor Road 216 kms project in June 2021. The National Highway Authority (NHA), a statutory body under the Ministry of Communications, is the procuring agency of the project, China Economic Net (CEN) reported.

On January 19, NHA published the Evaluation Report for Gilgit Shandoor Road 216 Km (Package. 01). According to the evaluation report, five companies were qualified for the bidding while three companies were disqualified. However, as per the report, the most advantageous bidder is M/s NXCC-RA-DC J\/ (Joint venture of M/s Ningxia Communications Construction Co. Ltd; M/s Rustam Associates & M/ s Dynamic Constructors.)

The Gilgit-Shandoor Road project is located in the north of Pakistan and one of the important branch roads connecting Karakoram Highway, which has significant meaning for improving the traffic capacity of the existing roads in the region.

Comments

Comments are closed.

Qudratullah May 23, 2023 10:51am
I want Ningxia communication contract .co shandur road gelgit baltistan pakistan contect number please
thumb_up Recommended (0)