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Vol 4 (AAC) No 11

Published 1st September 2011


Namibia

Harbour of resentment

A decision by the Namibian state-owned port operator to pre-award an estimated US$285 million contract for the Walvis Bay harbour expansion to the China Harbour Engineering Company ahead of 17 other local and international companies has ruffled feathers, not least because of China’s perceived unfair financial advantage. The August decision by NamPort that CHEC, a subsidiary of the giant China Communications Construction Company, was the only company that qualified in terms of financial and technical ability, has also irked Japan, which had spent more than $2 mn. in an 18-month pre-qualification process.

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