Global Project Opportunities: October’2015 October: 2015 Compiled by Satpreet Kaur PROJECT EXPORTS PROMOTION COUNCIL OF INDIA (Set up by Ministry of Commerce & Industry, Government of India) 1112 Arunachal Building, 19 Barakhamba Road, New Delhi-110001 Tel.:+91-11-41563287, 41514673 E-mail : info@projectexports.com Web-site : www.projectexports.com 0 Global Project Opportunities: October’2015 INDEX 1.0 FOCUS 2.0 PROJECT OPPORTUNITIES (Construction/Turnkey/Consultancy) : list of projects 2.1 3 50 (i) Fairs/Exhibitions (ii) Business Delegations (iii) Symposia/ Conferences/Training Programmes 4 CONSTRUCTION / TURNKEY Water Social Infrastructure Energy 4 10 22 3.0 PROJECT REPORTS 28 4.0 WORLD DEVELOPMENT NEWS: 31 I News Clippings II Market/Country news A. World Region / markets (a) Asia (b) Africa (c) Middle East (d) Others ARTICLES OF INTEREST 7.0 8.0 POLICY & PROCEDURES 60 PROJECT CONSTRUCTION ITEMS 63 9.0 PEPC: WORKING COMMITTEE 74 10.0 Update 76 11.0 EXPORT PROMOTION SCHEME 79 12.0 Financial Assistance B. India news 5.0 6.0 FORTHCOMING EVENTS : 80 (MDA & MAI Schemes) 45 ANNEXURES: i. MDA Scheme ii. MAI Scheme iii. Screening Committee- Guidelines 13.0 SOURCES OF INFORMATION 84 The news items and information published herein have been collected from various sources, which are considered to be reliable. While every care has been taken for authenticity of the material published, PROJECT EPC accepts no responsibility for authenticity or accuracy of such items 1 Global Project Opportunities: October’2015 PROJECTS OPPORTUNITIES (Construciton/Turnkey/Consultancy) S.N o Project Country Dead Line Page Project, Bangladesh 22 October 2015 4 Second Chittagong Hill Tracts Rural Development Project, Bangladesh Bangladesh 09 November 2015 5 Greater Mekong Subregion (GMS) Flood and Drought Risk Management and Mitigation Project: Upgrading Water Control Structures Ba Rai – Phu An, Vietnam Vietnam 19 November 2015 7 Procurement of civil works on Climate-proof flood protection work in Vose District and Kulob, Republic of Tajikistan Republic of Tajikistan 30 October 2015 8 South Asia Subregional Economic Cooperation (SASEC) Road Connectivity Project, Bangladesh Bangladesh 19 November 2015 10 Coastal Climate Resilient Infrastructure Project, Bangladesh Bangladesh 11 November 2015 11 North-South Road Corridor Investment Program - Tranche 3, Republic of Armenia Republic of Armenia 16 November 2015 13 Road Reconstruction Upgrading, Azerbaijan Azerbaijan 16 November 2015 16 Pan European Corridor Project, Ukraine Ukraine 28 October 2015 18 Bangladesh 10 November 2015 22 Electricity Transmission Expansion and Supply Improvement Project (ETESIP), Nepal Nepal 27 November 2015 24 Rehabilitation of Yerevan TPC 220/110/35 kV substation, Republic of Armenia Republic of Armenia 10 November 2015 25 WATER Asia Coastal Towns Bangladesh Environmental Infrastructure SOCIAL INFRASTRUCTURE Asia ENERGY Asia Second Bangladesh-India Project, Bangladesh Electrical Grid Interconnection 2 Global Project Opportunities: October’2015 1.0 FOCUS Oman's projects market is set for another record-breaking year, according to data from Meed Projects. The country has already awarded contracts worth more than $11 billion in the first eight months in 2015, and is on track to beat the $14.8 billion awards signed in 2014. The pace has been set by a raft of major projects, including the multibillion dollar Khazzan and Makarem tight gas fields, the $900 million Yibal Khuff sour gas project, the $630 million Salalah independent power project and the $600 million Miraah solar power plant. Other awards due to be tendered this year are the first segment of the Oman Rail project, expected to be worth in excess of $1 billion, the four multibillion dollar main packages on the Liwa plastics scheme, and the Barka and Sohar independent water projects, valued at about $500 million each. Oman has traditionally been a small market by regional standards, with about $8 billion worth of contracts awarded each year. However, the past 18 months have seen a steep change in activity as the government looks to proceed with a number of key projects such as the Muscat International Airport, the modernisation of the Sohar refinery and the planned railway network. FROM “GPO” DESK 3 Global Project Opportunities: October’2015 2.0 2.1 PROJECTS OPPORTUNITIES (Construciton/Turnkey/Consultancy) ENGINEERING /TURNKEY WATER Coastal Towns Bangladesh Environmental Infrastructure Project, Project ID No. Project Name: e-GP/CTEIP/2015-16/PIR/DR/01 Coastal Towns Environmental Infrastructure Project Country: Bangladesh Description: Construction of 7 nos RCC drain (4.146 km) and re-excavation of 9 nos khal (14.994 km) in Pirojpur Pourashava, Bangladesh Funding agency: Asian development Bank Last date of bid submission: 22 October 2015 Price of bidding document: e- tender Address for information: Attention: Executive Engineer PirojpurPourashava, Pirojpur Telephone: +880 046162265 Fax: +880046162266 Email: Ppourashava@yahoo.com / m.abuhanif1@gmail.com Fax: +880046162266 Invitation for Bids further Email: Ppourashava@yahoo.com / m.abuhanif1@gmail.com 1. The People’s Republic of Bangladesh has received financing from the Asian development Bank (ADB) towards the cost of the Coastal Towns Environmental Infrastructure Project (CTEIP). Part of this financing will be used for payments under the contract named above. Bidding is open to Bidders from eligible source countries of the ADB. 2. The Pirojpur pourashava, Upazila: Sadar, District: Pirojpur,(“the Employer”) invites bids from eligible Bidders for the Construction of 7 nos RCC drain (4.146 km) and reexcavation of 9 nos khal (14.994 km) in Pirojpur Pourashava, District: Pirojpur(“the works”). 3. National competitive bidding will be conducted in compliance with ADB’s Procurement Guidelines through electronic Government procurement (e-GP) system and is open all Bidders from eligible countries as described in the Bidding Documents. 4. Only eligible Bidding with the following key qualifications should participate in this bidding: Specific similar Experience: at least one contract within the last 5 (five) years where the value of the Bidders participation exceeds BDT 80 million Average Annual Construction Turnover: minimum BDT 100 million over the last 5 (five) years. Liquid Assets or Credit Facilities: minimum BDT 14 million More details of qualification requirements are mentioned in the biding documents 4 Global Project Opportunities: October’2015 5. This is an online bidding where only e-tender (e-bid) will be accepted in the Bangladesh National e-GP System portal and no offline/hard copies will be accepted. To obtain further information and to submit e-Tender for this works package bearing e-tender ID no. mentioned above, registration in the e-GP portal (http://www.eprocure.gov.bd) is required. 6. The fees for downloading the e-Tender Documents from the e-GP portal, and the tender security as mentioned in the documents have to be deposited online through any branch of the banks registration in the e-GP system. 7. The deadline for submission of e-Tenders (bids) is 22 October 2015 at 11:30 hours Bangladesh standard Time (BST), and on-line opening will be done on the same date at 22 October 2015, 12:00 hours BST. 8. Further information and guidelines are available in the e-GP portal and from e-GP help desk (helpdesk@eprocure.gov.bd). To obtain further information, please contact the official inviting the tender as follows: Attention: Executive Engineer PirojpurPourashava, Pirojpur Telephone: +880 046162265 Fax: +880046162266 Email: Ppourashava@yahoo.com / m.abuhanif1@gmail.com Second Chittagong Hill Tracts Rural Development Project, Bangladesh Project ID No. Project Name: W-B-BAN-Sad-UNR/03 Second Chittagong Hill Tracts Rural Development Project Country: Bangladesh Description: Construction of 220m Long PC Girder Bridge over Sangu River on Raicha Goaliakhola Road at Chainage 7+150 Km; under Sadar Upazila, Bandarban, Bangladesh Funding agency: Asian Development Bank (ADB) Last date of bid submission: 09 November 2015 Price of bidding document: Tk. 6,000 (Six Thousand only) Address for information: (Kya Hla Khoin) Executive Engineer LGED, Bandarban. Bangladesh. Tel: +(88)-0361-62516 E-mail: xen.bandarban@lged.gov.bd further Invitation for Bids 1. The Government of Bangladesh has received a loan from the Asian Development Bank (ADB) towards the cost of Second Chittagong Hill Tracts Rural Development Project. Part of this loan will be used for payments under the contract named above. 2. The Local Government Engineering Department (LGED) invites sealed bids from eligible bidders for the Procurement of Bridge Construction Work for the following package. Details of the package is provided below: Package No. Delivery Points W-B-BAN-Sad-UNR/03 Construction of 220m Long PC Girder Bridge over Sangu River on Raicha-Goaliakhola Road at Chainage 7+150 Km; under Sadar Upazila, Dist: Bandarban, Country: Bangladesh. 5 Global Project Opportunities: October’2015 3. International Competitive Bidding (ICB) will be conducted in accordance with ADB’s Single Stage: One-Envelope bidding procedure and is open to all Bidders from eligible source countries. Procurement of works will be in strict conformity with the Approved Design, Technical Specifications, and Work Schedule provided in the bidding documents. 4. The following pass-fail qualification criteria are disclosed to enable potential bidders in making an informed decision whether to pursue the contract either as a single entity or in joint venture (JV): i. Financial Performance: The bidder should submit audited balance sheets for the last five (5) years. For JV, the balance sheet for each constituent entity should be submitted. ii. Average Annual Construction Turnover: Minimum average annual construction turnover for the Package is Tk. 123.00 million (Taka One Hundred and Twenty Three million) based on total certified payments received for contracts in progress or completed over the last five (5) years. The single entity or all partners combined must meet the requirement. In case of JV, each partner must meet minimum 25% and one (lead) partner minimum 40% of this requirement; iii. Financial Resources: For the Package minimum Tk. 30.50 million (Taka Thirty Point Five Zero million) In case of JV, all partners combined must meet the requirement, while each partner must meet minimum 25% and one (lead) partner minimum 40% of these requirement; and iv. Similar Construction Experience: The bidder must possess experience in implementing a minimum of one (1) similar contract, the value of which shall be minimum Tk. 97.50 million (Taka Ninety Seven Point Five Zero million) during the last five (5) years. 5. The Bidders may obtain further information from the Executive Engineer, LGED, Dist: Bandarban and inspect the Bidding Documents at the address given below from 10:00 A.M. to 5:00 P.M. (local time) in all working days up to 8 November 2015. 6. The Bidding Document, in English language, may be purchased by the interested bidders from the following offices upon payment of a non-refundable fee of Tk. 6,000 (Six Thousand only) by Cash or in the form of Pay Order/Treasury Chalan/Bank Draft in favor of Executive Engineer, LGED, Bandarban up to 8 November 2015: a) Office of Executive Engineer Local Government Engineering Department Circuit House Road District : Bandarban Country : Bangladesh Telephone: +(88)-0361-62516 Electronic Mail Address: xen.bandarban@lged.gov.bd b) The Project Director Second Chittagong Hill Tracts Rural Development Project (CHTRDP-II): (Output B: Rural Roads Component) Local Government Engineering Department (LGED) LGED Bhaban (Level-8), Agargaon, Sher-E-Bangla Nagar, Dhaka-1207, Bangladesh. Telephone: +(88)-02-9146064 Electronic Mail Address: pdcht@yahoo.com 7. A pre-bid meeting will be held at the office of the Executive Engineer, LGED, Bandarban at the address given below, on 29 October 2015 at 11:00 A.M. (local time). Bidders’ representatives are invited and encouraged to attend the meeting. 8. Deliver Bids: to Executive Engineer, LGED, Circuit House Road, Bandarban on or before 2:00 PM on 9th November 2015 (local time) The name and title of the procurement package shall be clearly marked on the outer surface of the envelope containing the full bid proposal i.e. “Bid offer for Construction of 220m Long PC Girder Bridge over Sangu River on Raicha-Goaliakhola Road at Chainage 7+150 Km; under Sadar Upazila, Dist: Bandarban, Country: Bangladesh” Package No. W-B-BAN-Ssd-UNR/03. All Bids must be accompanied by a Bid Security as described in the Bidding Document 9. Bids will be opened at the same place at 2:30 P.M. (local time) on 9 November 2015 in the presence of the Bidders or Bidders’ representatives who choose to attend at undersigned office. Late submission of bids will be rejected and will be returned unopened. 10. This IFB can also be found in the official web address of the Asian Development Bank (www.adb.org), Central Procurement Technical Unit (www.cptu.gov.bd) and Local Government Engineering Department (www.lged.gov.bd) respectively. 11. LGED will not be responsible for any costs or expenses incurred by Bidders in connection with the preparation or submission of Bids. 6 Global Project Opportunities: October’2015 12. The Project authority reserves the right to accept or reject any or all the bids without assigning any reason whatsoever. (Kya Hla Khoin) Executive Engineer LGED, Bandarban. Bangladesh. Tel: +(88)-0361-62516 E-mail: xen.bandarban@lged.gov.bd Greater Mekong Subregion (GMS) Flood and Drought Risk Management and Mitigation Project: Upgrading Water Control Structures Ba Rai – Phu An, Vietnam Project ID No. Project Name: GMS-2.7 Greater Mekong Subregion (GMS) Management and Mitigation Project Country: Description: Vietnam Upgrading Water Control Structures Ba Rai – Phu An Funding agency: Asian Development Bank (ADB) Last date of bid submission: 19 November 2015 Price of bidding document: US$300 Address for information: Mr. Vu Dinh Xiem Street Address: 39/57 Cach Mang Thang 8 Street, Binh Thuy district; Floor/Room number: 02 City: Can Tho City; ZIP Code: 071; Country: Viet Nam Telephone: 84-710 388 1760; Facsimile: 84-710 388 1967; Email: adb.gms1@gmail.com further Flood and Drought Risk Invitation for Bids 1. The Socialist Republic of Vietnam has received a loan from the Asian Development Bank (ADB) towards GMS Flood and Drought Risk Management and Mitigation Project and it intends to apply part of the proceeds of this loan to payments under GMS-2.7 Upgrading Water Control Structures Ba Rai – Phu An. 2. Central Project Office (CPO) under the Ministry of Agricultural and Rural Development (the Employer) invites eligible bidders for construction and completion of system sluices in Ba Rai – Phu An, Tien Giang. 3. International competitive bidding (ICB) will be conducted in accordance with ADB’s SingleStage: One-Envelope Bidding Procedure. Bidding is open to bidders from eligible source countries of ADB. 4. Interested eligible Bidders may obtain further information and inspect the Bidding Document at the address given below from 8:00 A.M. to 4:00 P.M., Hanoi time, from 08 October 2015 to 19 November 2015 except on weekends and holidays. 5. To purchase the Bidding Document in English, eligible bidders should: submit a written application to the address below requesting for the Bidding Document for the above package pay a non-refundable fee of US$300 by cash or certified check The Bidding Document may also be sent through courier for an additional fee of $300. No liability will be accepted for loss or late delivery 6. Bidders shall submit their bids: on or before 09:00 A.M (GMT+7) , 19 November 2015. Late bids will be rejected. to the address stated below 7 Global Project Opportunities: October’2015 together with a Bid Security in the amount specified in the Bid Data Sheet of the Bidding Document. 7. The Employer will not be responsible for any cost or expense incurred in the preparation and delivery of bids. 8. Bids will be opened immediately in the address stated below, after the deadline for bid submission in the presence of bidders’ representatives who choose to attend. Ministry of Agriculture and Rural Development Central Project Office Nguyen Hong Phuong Attention: Mr. Vu Dinh Xiem Street Address: 39/57 Cach Mang Thang 8 Street, Binh Thuy district; Floor/Room number: 02 City: Can Tho City; ZIP Code: 071; Country: Viet Nam Telephone: 84-710 388 1760; Facsimile: 84-710 388 1967; Email: adb.gms1@gmail.com Procurement of civil works on Climate-proof flood protection work in Vose District and Kulob, Republic of Tajikistan Project ID No. Project Name: BCR/ICB/CW/2015/1 Building Climate Resilience in the Pyanj River Basin Country: Description: Tajikistan Procurement of civil works on Climate-proof flood protection work in Vose District and Kulob Funding agency: Asian Development Bank (ADB) Last date of bid submission: 30 October 2015 Price of bidding document: USD200 (two hundred US Dollars) Address for information: Agency on Land Reclamation and Irrigation, Project Management Unit, Building climate resilience in the Pyanj river basin, 5/1 Shamsi str., 5th floor Dushanbe, Tajikistan, 734034. From 8:00am to 5:00pm Tel. no.: +992-44-600-33-43; Fax no.: +992-44-60033-46; E-mail: pmo-climateagency@mail.ru further Invitation for Bids 1. The Government of the Republic of Tajikistan has received financing from the Asian Development Bank (ADB) towards the cost of “Building Climate Resilience in the Pyanj River Basin Project”. Part of this financing will be used for payments under the contract named above. Bidding is open to Bidders from eligible source countries of the ADB. 2. The Agency on Land Reclamation and Irrigation (“the Employer”) invites sealed Bids from eligible Bidders for the construction and completion of works for bank protection structures on rivers Kyzylsu and Yahsu, rehabilitation of the single-span bridge in the Vose district, the restoration of riverbed in Dahana ravine with cleaning and partial restoration of a bank protection structure in Kulyab region (“the Works”). 3. International Competitive Bidding will be conducted in accordance with ADB’s Single Stage: One-Envelope bidding procedure and is open to all Bidders from eligible countries as described in the Bidding Document. 4. Only eligible Bidders with the following key qualifications should participate in this bidding: • Construction experience in: o Excavations over 20,000m3 8 Global Project Opportunities: October’2015 o Concrete works over 2000m3 o Rehabilitation of single span bridge over 12m o Cleaning of river bed and irrigation channels 3245 m. o Construction and rehabilitation of river bank structures 8200m. • Financial requirements: o 3 years current soundness and positive net worth in the last year o Average annual construction turnover of USD 5.3 million within the last 3 years • Participated in 2 contracts in the last 5 years with a participation of USD 3.2 million 5. To obtain further information and inspect the Bidding Documents, Bidders should contact: Agency on Land Reclamation and Irrigation, Project Management Unit, Building climate resilience in the Pyanj river basin, 5/1 Shamsi str., 5th floor Dushanbe, Tajikistan, 734034. From 8:00am to 5:00pm Tel. no.: +992-44-600-33-43; Fax no.: +992-44-600-33-46; E-mail: pmoclimateagency@mail.ru 6. To purchase the bidding documents in English, eligible bidders should: • Write to address above requesting the bidding documents for Contract No. and Title: BCR/ICB/CW/2015/1; “Procurement of civil works on Climate-proof flood protection work in Vose District and Kulob” • Pay a non-refundable fee of USD200 (two hundred US Dollars) by check to OSC «Tojiksodirotbank» Bank Account: 20202972800000012101 Correspondent account: 20402972312161 Tax Id: 0410026155 SWIFT: 350101216 7. Deliver your bid: • To the address below • On or before the deadline: 30 October 2015; 15:00h local time • Together with a Bid Security as described in the Bidding Document Bids will be opened immediately after the deadline for bid submission in the presence of Bidders’ representatives who choose to attend on 30 October 2015; 15:05h local time, at the following address 734025, 27 Shotemur str., State Committee on Investments and State Entity Management of the Republic of Tajikistan, tel.: 221-86-59; 221-57-29; 221-89-43; 9 Global Project Opportunities: October’2015 SOCIAL INFRASTRUCTURE South Asia Sub regional Economic Cooperation (SASEC) Road Connectivity Project, Bangladesh Contract No. Project Name: Country: LPA 1 South Asia Subregional Economic Cooperation (SASEC) Road Connectivity Project Bangladesh Description: Improvement of Benapole Land Port Funding agency: Asian Development Bank (ADB) Last date of bid submission: 19 November 2015 Price of bidding document: Tk 15,000.00 (Fifteen thousand Bangladesh Taka) or USD 195 (One hundred Ninety five USD) Address for submission of bids: Improvement of Benapole and Burimari Land Port Bangladesh Land Port Authority TCB Bhaban (5th Floor), Kawran Bazar, Dhaka-1215, Bangladesh Tel: 02-9123757, 02-9132488 Fax: 02-9122627 E-mail: habib4689@gmail.com Invitation for Bids 1. The People’s Republic of Bangladesh (the Borrower) has received financing from the towards the cost of SASEC Road Connectivity Project and it is intended that part of this financing will be used for payments under the contract named above. Bidding is open to bidders from eligible source countries of the ADB. 2. The Bangladesh Land Port Authority (“the Employer”) invites sealed bids from eligible bidders for the construction and completion for the work mentioned above. 3. Only eligible bidders meeting the qualification criteria stated in the bidding document may participate in this bidding. 4. International Competitive Bidding (ICB) will be conducted in accordance with ADB’s SingleStage: Two-Envelope bidding procedure and is open to all bidders from eligible countries as defined in Bidding Documents. 5. To obtain further information and inspect the bidding documents, bidders should contact: Project Director SASEC Road Connectivity Project: Improvement of Benapole and Burimari Land Port Bangladesh Land Port Authority TCB Bhaban (5th Floor), Kawran Bazar, Dhaka-1215, Bangladesh Tel: 02-9123757, 02-9132488 Fax: 02-9122627 E-mail: habib4689@gmail.com 6. The Bidding Documents are in English. To purchase the bidding documents, eligible bidders should : a) apply to address above requesting for the bidding documents, and; b) pay a non-refundable fee of Tk 15,000.00 (Fifteen thousand Bangladesh Taka) or USD 195 (One hundred Ninety five USD) during office hours with effect from 29/09/2015. 10 Global Project Opportunities: October’2015 The mode of payment will be either in cash or in the form of a pay order/demand draft issued by any scheduled bank of Bangladesh, in favour of the Project Director, Bangladesh Land Port Authority, Dhaka. 7. A Pre-Bid meeting will be held at the Conference Room of the Bangladesh Land Port Authority, TCB Bhaban(5th Floor), Kawran Bazar, Dhaka, Bangladesh on Thursday, 22 October, 2015 at 11:00 hrs. BST. 8. Bids must be delivered to the address above on or before the deadline i.e. 19 November 2015 at 14:00 hrs. BST along with the Bid Security as mentioned in the bidding document: 9. The Technical Proposals of the Bids will be opened on 19 November 2015 at 14:30 hrs. BST at the address above in the presence of the Bidders’ Representatives who choose to attend. The Price Proposals of responsive Bids will be opened in the presence of the Bidders’ Authorised Representatives who choose to attend at the time and date, and at the address to be advised by the Employer after approval of the Technical Proposal Evaluation Report by the Employer with concurrence from ADB. 10. In the evaluation of Bids, ADB’s Domestic Preference Scheme will be applied in accordance with the provisions stipulated in the Bidding Document. 11. The Invitation for Bids (IFB) is available at the Websites of Ministry of Shipping (MoS), www.mos.gov.bd; Bangladesh Land Port Authority (BLPA),www.bsbk.gov.bd ;Central Procurement Technical Unit (CPTU), www.cptu.gov.bd; Asian Development Bank (ADB), www.adb.org. 12. The Employer reserves the right to accept or reject any or all bids without assigning any reason whatsoever. (Md. Habibur Rahaman) Project Director SASEC Road Connectivity Project Bangladesh Land Port Authority Bangladesh Tel:02-9123757,02-9132488 Coastal Climate Resilient Infrastructure Project, Bangladesh Contract No. Project Name: CCRIP/ADB/BARI/UZR/2015/W-29 Coastal Climate Resilient Infrastructure Project Country: Bangladesh Description: Improvement of Mohonganj Hat to Babugonj Girls School Road at ch: 00m – 4114m (ID No. 506032004) in Babugong Upazila and Kawria Bazar – Memania Takerhat Roat at ch: 00m – 4650m (ID No. 506362003) in Hizla Upazila, Barisal Funding agency: Asian Development Bank Last date of bid submission: 11 November 2015 Price of bidding document: Tk. 15,000.00 (Taka Fifteen Thousand only) Address for submission of bids: Office of the Executive Engineer, LGED Barisal District, Bangladesh Invitation for Bids 1. The People’s Republic of Bangladesh has received a loan from the Asian Development Bank (ADB) towards the cost of Coastal Climate Resilient Infrastructure Project (CCRIP), ADB Loans 2913(SF)/8258-BAN (SCF). Part of this loan will be used for payments under the contract named above. Bidding is open to Bidders from eligible source countries of the ADB. 2. The Local Government Engineering Department (LGED) invites sealed bids from eligible bidders from member countries of ADB for the Improvement of Mohonganj Hat to Babugonj Girls School 11 Global Project Opportunities: October’2015 Road at ch: 00m – 4114m (ID No. 506032004) in Babugong Upazila and Kawria Bazar – Memania Takerhat Roat at ch: 00m – 4650m (ID No. 506362003) in Hizla Upazila, Barisal District. 3. Only eligible bidders meeting the qualification criteria stated in the bidding document may participate in this bidding. 4. National Competitive Bidding (NCB) will be conducted in accordance with ADB’s Single-Stage: One-Envelope Bidding procedure and is open to all bidders from eligible source countries. 5. To obtain further information, bidders should contact (during office hours): Mr. A.K.M. Luthfur Rahman Project Director, CCRIP Local Government Engineering Department Dhaka, Bangladesh. Tel+88-02-8181488/Fax +88-02-8181496 Mobile +88-01715004370 Email: luthfur1963@yahoo.com.uk 6. To inspect or purchase the bidding document in English, eligible bidders should write to any of the following (a) The Executive Engineer, LGED, Barisal District (main); (b) Office of the Superintending Engineer, Barisal Region, Barisal District; (c) Office of the Project Director, CCRIP, LGED HQ, Agargaon, Dhaka; (d) Office of the Deputy Commissioner, Barisal District; (e) Office of the Superintending of Police, Barisal District; or (f) Office of the Upazila Engineer, Babugonj/Hizla, Barisal District, requesting the bidding document for Procurement of works for “Improvement of Mohonganj Hat to Babugonj Girls School Road at ch: 00m – 4114m (ID No. 506032004) in Babugong Upazila and Kawria Bazar – Memania Takerhat Roat at ch: 00m – 4650m (ID No. 506362003) in Hizla Upazila, Barisal District. 7. Pay a non-refundable fee amounting to Tk. 15,000.00 (Taka Fifteen Thousand only) in cash or PO/DD in favor of LGED. 8. Deliver Bids: To the office of: Office of the Executive Engineer, LGED Barisal District, Bangladesh On or before the deadline : 11 November 2015 at 1:00 PM (local time) Together with a bid security in the amount and form indicated in the bidding document. 9. Submitted bids will be opened on 11 November 2015 at 1:30 PM in the office of the Executive Engineer, LGED, Barisal District. 12 Global Project Opportunities: October’2015 North-South Road Corridor Investment Program - Tranche 3, Republic of Armenia Contract No. Project Name: T3-CW-03 North-South Road Corridor Investment Program - Tranche 3 Country: Republic of Armenia Description: Funding agency: Reconstruction/ Construction/ Rehabilitation of 9 Overpasses and 1 Bridge on North-South Road (M2 Yerevan-Artashat and M1 Yerevan Ashtarak) Asian Development Bank (ADB) Last date of bid submission: 16 November 2015 Price of bidding document: ONE HUNDRED US Dollars ($100) or FIFTY Thousand Armenian Drams (AMD50,000) Address for bids "Organization for Implementation of North-South Road Corridor Investment Program" SNCO submission of Street Address: 58, Pushkin Street Republic of Armenia City: Yerevan Country: Invitation for Bids 1. The Republic of Armenia has received financing from the Asian Development Bank (ADB) towards the cost of the North-South Road Corridor Investment Program - Tranche 3. Part of this financing will be used for payments under the Contract named above. Bidding is open to Bidders from eligible source countries of the ADB. 2. The Ministry of Transport and Communication (“the Employer”) of the Republic of Armenia now invites sealed Bids from eligible Bidders for: Reconstruction/ Construction/ Rehabilitation of 9 Overpasses and 1 Bridge on North-South Road (M2 Yerevan-Artashat and M1 Yerevan-Ashtarak) (“the Works”) which consist of 10 Lots: Lot 1: Reconstruction of overpass on km 10+943 on North-South Road (M2 Yerevan-Artashat) Lot 2: Reconstruction of overpass on km 13+029 on North-South Road (M2 Yerevan-Artashat) Lot 3: Reconstruction of overpass on km 21+800 on North-South Road (M2 Yerevan-Artashat) Lot 4: Reconstruction of overpass on km 22+850 on North-South Road (M2 Yerevan-Artashat) Lot 5: Reconstruction of overpass on km 25+630 on North-South Road (M2 Yerevan-Artashat) Lot 6: Reconstruction of overpass on km 28+900 on North-South Road (M2 Yerevan-Artashat) Lot 7: Rehabilitation of overpass on km 21+550 on North-South Road (M1 Yerevan-Ashtarak) Lot 8: Rehabilitation of bridge on km 23+686 on North-South Road (M1 Yerevan-Ashtarak) Lot 9: Construction of overpass on km 15+444 on North-South Road (M2 Yerevan-Artashat) Lot 10: Construction of overpass on km 24+147.5 on North-South Road (M2 Yerevan-Artashat) Reconstruction of six (6) overpasses - namely, transport junction overpasses comprising main works as follows: dismantling of existent overpasses; construction of intermediate and side supports, and spans from reinforcement concrete; construction of sidewalks and carriageways; and reconstruction of approaching roads. Designs of the mentioned overpasses are the following: 15+2x21+15 inseparable framework systems with dimension 9.0m+2x0.85m (10+943km), 12.8m+2x0.75m (13+029km), 18.8m+2x0.75m (21+800km), 6.8m+2x0.75m (22+850km), 9.2m+2x0.75m (25+630km), 15.9m+2x1.0m (28+900km). Asphalt concrete is to be used as the layer of approaching roads. Construction of two (2) overpasses comprising the following main works: construction of intermediate and side supports, and spans from reinforcement concrete; construction of sidewalks and carriageways; and reconstruction of approaching roads. Designs of the mentioned overpasses are the following: inseparable framework systems 15+2x21+15 with dimension 100m+2x1.0m 13 Global Project Opportunities: October’2015 (15+444km), 8.0m+2x0.75m (24+147.5km). Asphalt concrete is to be used as the layer of approaching roads. Along with the construction of 15+444km overpass, construction of a transport junction with relevant lanes is envisaged as well. Rehabilitation of one (1) overpass (21+550km) that comprising the following main works: repairing of intermediate and side supports; repairing of spans; and repairing of sidewalks and carriageways. Design of the mentioned overpass is 2x18m with dimension 7.5m. Rehabilitation of one (1) bridge (23+686km) that comprising the following main works: Intermediate supports of steel span structures-from reinforcement concrete blocks with perforce and precast dense wide sections-are specific separate elements of the bridge. The design envisages the following: Complete repairing of carriageway layer structure, treatment of support surface layers, and protection from atmospheric impacts; Removal of the existent pavement, draining of holes for installation of drainage pipes in orthotropic slabs, and setting up of a wide section drainage layer before the support 1 deformation joint; Cleaning of the corrosion-affected sections of the span via sand blasting, and coating the span elements; Repairing of surface layers of the supports 1, 2, 3, and 4, and coating with facade acrylic paints. According to the design, the works are envisaged to be carried out via two phases— consequently for each span. During the ongoing works on one span the traffic on the latter will be closed, while on the other span temporary two-way traffic will be set up with one lane per each direction. Works on the support layers will be carried out in the same time with carriageway repairing works. Auxiliary structures are to be envisaged for repairing works of intermediate supports. 3. International Competitive Bidding (ICB) will be conducted in accordance with ADB’s SingleStage, Two-Envelope bidding procedure and is open to all Bidders from ADB eligible countries as described in the Bidding Document. 4. The Bidders should have the following main qualifications: Lot No Average Annual Construction Turnover (in the last five years, in US$) Value of Similar Contracts (last ten years, in US$) Experience in Key Activities (any of the years of the last ten years) In-situ Concrete (in cubic meters) Asphalt Concrete square meters) 1 720,000 432,000 510 5,000 310 2 1,058,700 635,200 930 10,200 680 3 1,252,000 751,200 1.080 4,700 320 4 670,700 402,400 490 1,000 500 5 773,400 464,000 700 1,350 500 6 1,200,000 720,000 880 5,000 450 7 136,000 81,600 880 550 - 8 890,700 534,400 - 3,820 - 9 1,333,00 799,800 810 12,500 900 10 1,224,000 734,400 635 6,500 440 (in Aggregate Base Course (in cubic meters) 5. To purchase the bidding documents and/or obtain further information, bidders should contact: "Organization for Implementation of North-South Road Corridor Investment Program" SNCO Street 14 Global Project Opportunities: October’2015 Address: 58 Pushkin Street City: Yerevan ZIP Code: 0002 Country: Republic of Armenia Telephone: +374 60 50 68 70 Electronic mail address: info@northsouth.am 6. The electronic version of Bidding documents (including drawings, specifications and bill of quantities) in English language may be purchased from the office of “Organization for Implementation of North-South Road Corridor Investment Program” SNCO (the Beneficiary) starting from 1 October 2015. The bidding documents will be issued during normal working hours from 9:00 a.m. to 5:00 p.m. upon submission of a written application to the address below and upon payment of a nonrefundable fee of NET ONE HUNDRED US Dollars ($100) or FIFTY Thousand Armenian Drams (AMD50,000) and upon presentation of the receipt of the respective payment. The method of payment will be banking transfer to the Beneficiary's following bank account. For AMD transfers within Armenia For USD transfer from outside of Armenia Bank: Araratbank OJSC Correspondent Bank: Standard Chartered Bank, New York, USA, Addr: 19 Pushkin Street, Yerevan, Armenia Beneficiary account: 1510009017860500 Beneficiary: “Organization for Implementation of North-South Road Corridor Investment Program” SNCO Tax Payer Code: 02708921 Yerevan, Nalbandyan 28 Addr: One Madison Avenue, New York, N.Y.10010- 3603, SWIFT: SCBLUS33. Routing No 026002561 Beneficiary’s Bank: Araratbank OJSC, Addr: 19 Pushkin Street, Yerevan, Armenia; Account no: 1510009017860301 SWIFT: ARMCAM22; IBAN: 358 202 357 10 01 Beneficiary: “Organization for Implementation of North-South Road Corridor Investment Program” SNCO; or Correspondent Bank: CitiBank N.A., 111 Wall Street, New York, NY, 10043, SWIFT: CITIUS33 Beneficiary’s Bank: Araratbank OJSC, Addr: 19 Pushkin Street, Yerevan, Armenia; Account no: 1510009017860301 SWIFT: ARMCAM22; IBAN: 362 547 74 Beneficiary: “Organization for Implementation of North-South Road Corridor Investment Program” SNCO; or Correspondent Bank: Oesterrieich AG, Raiffeisen Zentralbank SWIFT: RZBAATWW Beneficiary’s Bank: Araratbank OJSC, Addr: 19 Pushkin Street, Yerevan, Armenia; Account no: 1510009017860301 SWIFT: ARMCAM22; IBAN: 070-55.076.558 USD Beneficiary: “Organization for Implementation of North-South Road Corridor Investment Program” SNCO 15 Global Project Opportunities: October’2015 7. The Employer will not be responsible for any costs or expenses incurred by Bidders in connection with the preparation or delivery of Bids. 8. Pre-bid Conference shall take place on 26 October 2015 at 15:00 at the Meeting room of the Ministry of Transport and Communication of Republic of Armenia. Site visit will be organized by the Employer on 27 October 2015. The Employer encourages all potential bidders who have purchased the bidding documents to attend the pre-bid conference. 9. Bids must be delivered: to the address "Organization for Implementation of North-South Road Corridor Investment Program" SNCO on or before 15:00 (Yerevan time) on 16 November 2015 together with a Bid Security in the amount as described in the Bidding Documents 10. Late bids shall be rejected. Bids will be opened immediately in the presence of bidders’ representatives who choose to attend bid opening at the following address: Meeting room, "Organization for Implementation of North-South Road Corridor Investment Program" SNCO Street Address: 58, Pushkin Street City: Yerevan Country: Republic of Armenia Road Reconstruction Upgrading, Azerbaijan Project I.D. No. Project Name: 8015-PRE-43094 Road Reconstruction Upgrading Country: Azerbaijan Description: Funding agency: Reconstruction of Mingachevir - Bahramtapa Road (R18), Lot 3, Aran - Qaragaci, km 0,0 - 26,0 EBRD Last date of bid submission: 16 November 2015 Price of bidding document: AZN 100 or equivalent in a convertible currency Address for information: further Mr. Kamran Azizov, PIU4 Director “Azeryolservis” ASC Block 2025, R. Ismayilov str., Bilajari settlement, Binagadi district, Baku, Azerbaijan, AZ1117. Tel: (+994-12) 5997955 Fax: (+994-12) 4997906 e-mail: kamran.azizov@ays.gov.az with copy to vuqar.quliyev@mail.ru Azeryolservis ASC of Ministry of Transport, hereinafter referred to as “the Client”, intends using part of the proceeds of a loan from the European Bank for Reconstruction and Development “the Bank” towards the cost of the Roads Reconstruction and Upgrading Project. The Client intends prequalifying firms and joint ventures to tender for the following contract to be funded from part of the proceeds of the loan: Reconstruction of Mingachevir - Bahramtapa Road (R18), Lot 3, Aran - Qaragaci, km 0,0 26,0 The Contract is for the reconstruction of a 26 km long section of the R18 Mingachevir to Bahramtapa road between the settlements of Aran and Qaragaci. The section starts from the M2 Baku - Gazak - Georgian Border highway at Aran village and ends at Qaragaci at the intersection with the R 28 Yevlakh - Barda road. The reconstruction of existing 2-lane paved road along the existing alignment includes earthworks, construction of pavement structures and drainage 16 Global Project Opportunities: October’2015 systems, installation of road furniture and road markings. A new interchange with the M2 highway will be constructed at the start of the section. Planned commencement date of the contract is April 2016 and the construction period will be 24 months. Prequalification and tendering for contracts to be financed with the proceeds of a loan from the Bank is open to firms and joint ventures of firms from any country. Prequalification documents may be obtained from the office at the address below upon payment of a non-refundable fee of AZN 100 or equivalent in a convertible currency. The method of payment will be cash or by bank transfer to: Bank: Beneficiary: Kapitalbank Rabita Branch Azeryolservis” ASC SWIFT: AIIBAZ2X Account Numbers: AZ32AIIB38060029441801833118 AZN AZ39AIIB38160018401801833118 USD Identification Number: 9900003611 Upon receipt of appropriate evidence of payment of the non-refundable fee, the documents will promptly be dispatched by a courier arranged by the purchaser; however, no liability can be accepted for their loss or late delivery. In addition, if requested, the documents can be dispatched electronically after presentation by the prospective applicant of an appropriate evidence of payment of the non-refundable fee. In the event of discrepancy between electronic and hard copies of the documents, the hard copy shall prevail. The prequalification documents must be duly completed and delivered to the address below, on or before 17:00 (local Time) on Tuesday 16 November 2015. Documents which are received late, may be rejected and returned unopened. Interested firms may obtain further information from, and inspect and acquire the prequalification documents at the following office: Mr. Kamran Azizov, PIU4 Director “Azeryolservis” ASC Block 2025, R. Ismayilov str., Bilajari settlement, Binagadi district, Baku, Azerbaijan, AZ1117. Tel: (+994-12) 5997955 Fax: (+994-12) 4997906 e-mail: kamran.azizov@ays.gov.az with copy to vuqar.quliyev@mail.ru 17 Global Project Opportunities: October’2015 Pan European Corridor Project, Ukraine Project ID No. Project Name: 7995-IFT-40185 Pan European Corridor Project Country: Ukraine Description: Repair of the section of M01 Kyiv - Chernigiv - Novy Yarylovychi Road (km 18 + 730 – km 98 + 800). Funding agency: EBRD Last date of bid submission: 28 Oct 2015 Price of bidding document: US $620 Address for information: further Mr. Roman Gnatenko, Head of PIU Projects Implementation Unit 51 Antonovicha (Gor`kogo) Str., office 710 Kiev 03150 Ukraine Tel: + 38 044 2871215 044 2877060 REPAIR OF THE SECTION OF M01Tel/fax: KYIV - +38 CHERNIGIV - NOVY YARYLOVYCHI ROAD (KM 18 + 730 – KM 98 + 800) This Invitation for Tenders follows the General Procurement Notice for this project which was published on the EBRD website, Procurement Notices (www.ebrd.com) on 10 August 2015. The State Road Agency of Ukraine, hereinafter referred to as “the Employer”, intends using part of the proceeds of a loan from the European Bank for Reconstruction and Development (the Bank) towards the cost of repair of the section of M01 Kyiv - Chernigiv - Novy Yarylovychi Road (km 18 + 730 – km 98 + 800). The Employer now invites sealed tenders from contractors for the following contract[s] to be funded from part of the proceeds of the loan: Contract 1. km 18+730 – km 37+000 (bypass of Brovary town). Repair of some 19 km of the road including roads, bridges, drainage and ancillary works; Contract 2. km 37+000 – km 61+160 (situated between the end of Brovary bypass and the borderline between Kyiv and Chernigiv regions). Repair of some 25 km of the road including roads, bridges, drainage and ancillary works; Contract 3. km 61+160 – km 98+800 (situated between the borderline between Kyiv and Chernigiv regions and Kipty village). Repair of some 37 km of the road including roads, bridges, drainage and ancillary works. Time for Completion – 730 days. Defects Notification Period – 730 days. Tenders are invited for one or more contracts. Each contract must be priced separately. Tenders for more than one contract may offer discounts and such discounts will be considered in the comparison of tenders. Tendering for contracts to be financed with the proceeds of a loan from the Bank is open to firms from any country. 18 Global Project Opportunities: October’2015 To be qualified for the award of a contract, tenderers must satisfy minimum qualification criteria, including: A consistent history of historical non-performance and/or litigation awards against the Tenderer or any partner of a joint venture may result in rejection of the tender. The Tenderer shall have an average annual turnover as prime contractor (defined as billing for works in progress and completed) over the last five years must be: Contract 1 – Euro 37 million equivalent Contract 2 – Euro 47 million equivalent Contract 3 – Euro 41 million equivalent The tendered shall demonstrate that it has access to, or has available, liquid assets, unencumbered real assets, lines of credit, and other financial means sufficient to meet the construction cash flow for the contract for a period of four months, estimated as not less than 4 million euro equivalent for Contract 1; 6 million euro equivalent for Contract 2; 5 million euro equivalent for Contract 3, taking into account the tenderer’s commitments for other contracts. The audited balance sheets for the last five years i.e. 2010-2014, as well as forecasted data for years 2015 - 2016 based on the current project commitments and planned scope of work shall be submitted and must demonstrate the soundness of the Tenderer’s financial position, showing long-term profitability. Where necessary, the Employer will make inquiries with the Tenderer's bankers. The tenderer shall have the resources free of ongoing obligations and/or pending contract awards. If there is a significant delay in Contractor’s performance under the ongoing contracts the Employer reserves the right to request the detailed information in order to determine a tenderer’s capacity to perform the contracts satisfactorily. The tenderer shall provide information on the on-going contractual obligations and pending contract awards. The Client may reject the tender if the level of the confirmed commitments to be carried out in parallel with the Contract exceeds the tenderer’s annual turnover for the previous year by a factor of 1.2. The Tenderer shall demonstrate that it has successful experience as prime contractor in the execution of at least 3 (three) projects of a nature and complexity comparable to the proposed contract(s) within the last five years, i.e. projects with the value of: For application for Contract №1 – Euro 23 million each , For application for Contract №2 – Euro 30 million each; For application for Contract №3 – Euro 26 million each; Where an Applicant wishes to apply for more than one contract, the values of contracts enlisted shall be summed up according to the requirements for each individual contract. In addition the Applicant shall demonstrate specific experience in the following key operations relating to general works output over the last 5 (five) years: For Contract 1: i) laying base course ii) laying base course according to “cold recycling” method 65,000 m2 70,000 m2 iii) laying bituminous courses 270,000 m2 iv) milling existing road surface 145,000 m2 v) bridge reconstruction and deck refurbishment 5,000 m2 vi) earthworks 130,000 m3 laying base course 100,000 m2 For Contract 2: i) 19 Global Project Opportunities: October’2015 ii) laying base course according to “cold recycling” method 100,000 m2 iii) laying bituminous courses 430,000 m2 iv) milling existing road surface 260,000 m2 v) bridge reconstruction and deck refurbishment 1,000 m2 vi) earthworks 200,000 m3 For Contract 3: i) laying base course ii) laying base course according to “cold recycling” method 100,000 m2 110,000 m2 iii) laying bituminous wearing course 400,000 m2 iv) milling existing road surface 300,000 m2 v) bridge reconstruction and deck refurbishment 7,000 m2 vi) earthworks 90,000 m3 The Tenderer shall provide suitably qualified personnel in line with Tender Documents requirements; The Tenderer shall provide substantially equipment capabilities as per Tender Documents requirements, etc. Tender documents may be obtained upon payment of a non-refundable fee of: In case of courier delivery of documents - 840 US Dollars (including VAT but excluding charges for bank transfer) for each lot or equivalent in a convertible currency by bank transfer or the like. In case of handover of documents in Employer’s office to the authorised representative of the tenderer -620 US Dollars for each lot (including VAT but excluding charges for bank transfer) or equivalent in a convertible currency by bank transfer or the like. The bank accounts for transfer of payment for the documents are: For payment in Ukrainian currency: State Enterprise Ukrainian road investments “Ukrdorinvest” Public Joint Stock Company Raiffeisen Bank Aval, Leskova str.9, KYIV, UKRAINE MFO 380805, Account 26003496114 Identification Code 36134277 No. of certificate of VAT payer 100157203 Individual tax number 361342726509 For payment in EUR: Intermediary Bank: Raiffeisen Bank International AG, Vienna S.W.I.F.T. Code: RZBAATWW Beneficiary’s Bank: Public Joint Stock Company Raiffeisen Bank Aval, Leskova str.9, KYIV, UKRAINE SWIFT: AVALUAUKXXX Beneficiary: State Enterprise Ukrainian road investments “Ukrdorinvest” MFO380805, Account 26004496124 For payment in USD: Intermediary Bank: DEUTSCHE BANK TRUST COMPANY AMERICAS , U.S.A. 20 Global Project Opportunities: October’2015 S.W.I.F.T. Code: BKTRUS33 THE BANK OF NEW YORK MELLON, New York, USA S.W.I.F.T. Code: IRVTUS3N Beneficiary’s Bank: Public Joint Stock Company Raiffeisen Bank Aval, Leskova str.9, KYIV, UKRAINE SWIFT: AVALUAUKXXX Beneficiary: State Enterprise Ukrainian road investments “Ukrdorinvest” MFO 380805, Account 26005496123 Upon receipt of appropriate evidence of payment of the non-refundable fee, the documents will promptly be dispatched by courier; however, no liability can be accepted for their loss or late delivery. In addition, if requested, the documents can be dispatched electronically after presentation by the prospective tenderer of an appropriate evidence of payment of the nonrefundable fee. In the event of discrepancy between electronic and hard copies of the documents, the hard copy shall prevail. All tenders must be accompanied by a tender security of: Contract 1 – 580.000 Euro; Contract 2 – 750.000 Euro; Contract 3 – 660.000 Euro. or its equivalent in a convertible currency. Tenders must be delivered to the office at the address below on or before 3.00 pm, 28 October 2015, at which time they will be opened in the presence of those tenderers’ representatives who choose to attend. A register of potential tenderers who have purchased the tender documents may be inspected at the address below. Prospective tenderers may obtain further information from, and inspect and acquire the tender documents at, the following office: Mr. Roman Gnatenko, Head of PIU Projects Implementation Unit 51 Antonovicha (Gor`kogo) Str., office 710 Kiev 03150 Ukraine Tel: + 38 044 2871215 Tel/fax: +38 044 2877060 21 Global Project Opportunities: October’2015 ENERGY Second Bangladesh-India Project, Bangladesh Electrical Grid Interconnection Project I.D. No. Project Name: SASEC/PGCB/230/TL/IS-BH Second Bangladesh-India Electrical Grid Interconnection Project Country: Bangladesh Description: Design, Supply, Erection, Testing & Commissioning Of BheramaraIshurdi 230kv Double Circuit Transmission Line on Turnkey Basis Under Capacity Upgradation (500mw) of the Existing Bangladesh (Bheramara)-India (Baharampur) Grid Interconnection Project Funding agency: Asian Development Bank Last date of bid submission: 10 November 2015 Price of bidding document: US$ 250 (United States Dollar Two Hundred and Fifty only) or BDT 20,000/- (Bangladesh Taka Twenty Thousand only) Address for information: Company Secretary, Power Grid Company of Bangladesh Ltd. (PGCB), Institution of Engineers Bangladesh (IEB) Bhaban (4th floor), 8/A, Ramna, Dhaka-1000 Tel No.: 880-2-9555475, 9550514, 9558054 Fax No.: 880-2-7171833 further Invitation for Bids 1. Bangladesh has applied for financing from the Asian Development Bank towards the cost of SASEC Second Bangladesh-India Electrical Grid Interconnection Project. Part of this financing will be used for payments under the contract named below. Bidding is open to Bidders from eligible source countries of the ADB. 2. The Power Grid Company of Bangladesh Ltd. (“the Employer”) now invites sealed bids from eligible bidders for the following package: Design, Supply, Erection, Testing & Commissioning of Bheramara-Ishurdi 230kv Double Circuit Transmission Line on Turnkey Basis under Capacity Upgradation (500mw) of the Existing Bangladesh (Bheramara)-India (Baharampur) Grid Interconnection Project. The scope of work covered under the subject Package is given below: Design, Supply, Erection, Testing & commissioning of Bheramara-Ishurdi 230kV Double Circuit Transmission Line on turnkey basis under capacity upgradation (500MW) of the existing Bangladesh (Bheramara)-India(Bahrampur) Grid Interconnection Project. The above scope of work is indicative and the detailed scope of work is given in the Bidding Documents, which are available for inspection and sale as stated herein. The completion period for Design, Supply, Erection, Testing & Commissioning of Bheramara Ishurdi 230 kV Double Circuit Transmission Line on turnkey basis under capacity upgradation (500MW) of the existing Bangladesh (Bheramara) - India (Bahrampur) Grid Interconnection Project is four hundred eighty (480) days from effective date of Contract. 3. International Competitive Bidding will be conducted in accordance with ADB’s Single Stage: Two-Envelope Bidding Procedure and is open to all bidders from eligible countries as described in the Bidding Document. 4. The detailed Qualifying Requirements (QR) are given in the bidding document of the subject package. The complete bidding documents including tender drawings are available at our website http://www.pgcb.org.bd/. Interested bidders can download the bidding documents and commence preparation of bids to gain time. 22 Global Project Opportunities: October’2015 5. Interested eligible bidders may obtain further information from and inspect the bidding documents at the office of Superintending Engineer (TL-Design & QC), PGCB Institution of Engineers Bangladesh (IEB) Bhaban, (3rd floor),8/A, Ramna, Dhaka-1000 from 15:00 hours (BST) to 17:00 hours (BST). In case of any discrepancy between the documents downloaded by the prospective bidder and the Bid Documents (hard copy) of PGCB, the latter shall prevail. 6. A complete set of bidding documents in English can be purchased by interested Bidder or Bidder’s authorised representative on submission of a written application to the address below and upon payment of a nonrefundable fee of US$ 250 (United States Dollar Two Hundred and Fifty only) or BDT 20,000/- (Bangladesh Taka Twenty Thousand only) in the form of Pay Order/ Demand Draft in favor of Power Grid Company of Bangladesh Ltd., payable at Dhaka on all working days up to 09 November 2015 between 9:00 hours (BST) to 17:00 hours (BST). The document may also be sent through courier for an additional fee of Bangladesh Taka 500/- (for local delivery) or US$ 100 (for overseas delivery) in the form of Pay order/Demand Draft in favor of Power Grid Company of Bangladesh Ltd. PGCB shall not be responsible for any postal delay. 7. A Pre-Bid meeting will be held at the office of the Employer at Dhaka, Bangladesh on 20 October 2015 at 11:00 hours (BST) to clarify the bidders the exact scope of work, the extent of surveys and investigations carried out by PGCB and the basic data available and other issues raised in accordance with clause 7.4 of ITB. 8. Bids must be delivered to the address below at or before 11:00 hours (BST) on 10 November 2015. Technical Bids will be opened in the presence of the bidders’ representatives who choose to attend in person at the address below at 11:05 hours (BST) on 10 November 2015. Bids must be accompanied by a bid security in the amount as described in the Bidding Document. 9. PGCB reserves the right to cancel/withdraw this invitation for bids without assigning any reason and shall bear no liability whatsoever consequent upon such a decision. 10. All correspondence with regard to the above shall be to the following address: (By Post/In Person) Company Secretary, Power Grid Company of Bangladesh Ltd. (PGCB), Institution of Engineers Bangladesh (IEB) Bhaban (4th floor), 8/A, Ramna, Dhaka-1000 Tel No.: 880-2-9555475, 9550514, 9558054 Fax No.: 880-2-7171833 For more information on PGCB, visit our site at http://www.pgcb.org.bd/ 23 Global Project Opportunities: October’2015 Electricity Transmission Expansion and Supply Improvement Project (ETESIP), Nepal Project I.D. No. Project Name: ICB-THPPRP-072/73-01 Electricity Transmission Project (ETESIP) Country: Nepal Description: Tinau Hydropower Plant Rehabilitation Project Funding agency: Asian Development Bank (ADB) Last date of bid submission: 27 November 2015 Price of bidding document: NRs. 20,000 or an equivalent amount in US Dollars Address for information: Tinau Hydropower Plant Rehabilitation Project Generation Directorate Durbar Marg, 2nd Floor, Room No. 225, Kathmandu, Nepal Telephone: +977-1-4153070, 4153032 Facsimile number: +977-1-4153016 Electronic mail address: keshab_s@nea.org.np; further Expansion and Supply Improvement Invitation for Bids 1. The Government of Nepal has received a loan from the Asian Development Bank (ADB) towards the cost of Electricity Transmission Expansion and Supply Improvement Project. Part of the loan will be used for payments under the contract named above. Bidding is open to bidders from eligible source countries of ADB as described in Section 5 of the Bidding Document. 2. The Nepal Electricity Authority (“the Employer”) invites sealed bids from eligible bidders for the construction and completion of civil, hydro-mechanical and electro-mechanical rehabilitation works of Tinau Hydropower Plant (“the Facilities”). 3. International competitive Bidding (ICB) will be conducted in accordance with ADB's Single Stage, Two Envelope Bidding Procedure and is open to all Bidders from eligible countries as described in the Bidding Document. 4. Bidders shall have minimum average annual turnover of US$ 2.0 Million. Bidders are required to have satisfactory experience in at least 2 (Two) contracts within the last 10 (Ten) years, with a value of at least US$ 1.12 Million. 5. To obtain further information and inspect the bidding documents, bidders should contact: Tinau Hydropower Plant Rehabilitation Project Generation Directorate Durbar Marg, 2nd Floor, Room No. 225, Kathmandu, Nepal Telephone: +977-1-4153070, 4153032 Facsimile number: +977-1-4153016 Electronic mail address: keshab_s@nea.org.np; 6. To purchase the bidding documents in English, eligible bidders should: write to address above requesting the bidding documents for ICB-THPPRP-072/73-01, Tinau Hydropower Plant Rehabilitation Project. pay a non-refundable fee of NRs. 20,000 or an equivalent amount in US Dollars by bank voucher to the Current Account No 0101524613191011 (NEA-Tinau Hydel Center Rehab Proj) at Kumari Bank Limited, Putalisadak, Kathmandu, Nepal. 7. Deliver your bid: to the address above on or before the deadline: 27 November 2015, up to 12:00 Hours Nepal Standard Time. 24 Global Project Opportunities: October’2015 together with a Bid Security of amount as indicated in Section 2 - Bid Data Sheet, Clause ITB 21.1 or an equivalent amount in a freely convertible currency. For the purpose of determining the equivalent amount of the required Bid Security in a freely convertible currency, the exchange rates published by Nepal Rastra Bank prevailing on the date 28 days prior to the deadline for bid submission shall be applied. Bids will be opened at the address above in para 5 immediately after the deadline of bid submission in the presence of Bidders’ representatives who choose to attend. 8. When comparing Bids, ADB’s Domestic Preference Scheme will be applied in accordance with the provisions stipulated in the Bidding Document. Rehabilitation of Yerevan TPC 220/110/35 kV substation, Republic of Armenia IFB No. Project Name: ETNIP_YTPC_ICB_1/2015 Electricity Transmission Network Improvement Project Country: Republic of Armenia Description: Rehabilitation of Yerevan TPC 220/110/35 kV substation Funding agency: International Bank for Reconstruction and Development (IBRD) Last date of bid submission: 10 November 2015 Price of bidding document: USD 400 or equivalent amount in Armenian Drams (AMD) Address for information: further "Yerevan Thermal Power Centre" CJSC Attention: Mr. Hovakim Hovhannisyan, General Director Yerevan, 0053 Republic of Armenia Tel.:+374 1047-27-60 Fax:+374 10 47-27-71 E-mail: mailbox@yccpp.com Invitation for Bids The Republic of Armenia has received financing from the International Bank for Reconstruction and Development (IBRD)toward the cost of the Electricity Transmission Network Improvement Project" and intends to apply part of the proceeds of this loan towards eligible payments under the contract for: Rehabilitation of Yerevan TPC 220/110/35 kV substation Interested eligible bidders may obtain further information from "Yerevan Thermal Power Centre" CJSC and inspect the bidding documents during office hours (from 9:00 to 17:00 local time) at the address givenbelow. The Bidder shall fulfill the following minimum criteria under the contract: General Experience Experience under contracts in the role of contractor, subcontractor, or management contractor for at least the last ten in at least two (2) similar contracts within the last ten (10) years in Substation construction contracts with total value for each contract of at least 28.7 million USD, that have been successfully and substantially completed and that are similar (with same voltage or higher) to the proposed Contract. The similarity shall be based on the complexity, methods/technology or other characteristics as described in Section VI, Employer's Requirements. Additionally, participation as a contractor in at least one (1) contract implemented outside the country of the Bidder or of the partner of the JV that implemented the contract within the last ten (10) years. This requirement might be met by demonstrating a relevant international experience as a Contractor or as a member 25 Global Project Opportunities: October’2015 of the JV in construction contracts (not necessarily related to Substation construction) that were executed outside of the country of the Bidder or of the partner of the JV that implemented the contract. Contracts executed during the period stipulated above, the Contractor should have experience as minimum in the following key activities: o Design, Construction, Installation & Commissioning of 220 kV substation (HV & LV equipment) o Design, Construction, Installation & Commissioning of 110 kV substation (HV & LV equipment) o Design, Construction, Installation & Commissioning of MV substation (MV & LV equipment) Historical Financial Performance Audited balance sheets or if not required by the law of the bidder's country, other financial statements acceptable to the Employer, for the last five (5) years to demonstrate the current soundness of the bidder's financial position and its prospective long term profitability must be enclosed to the bid. Average Annual Turnover Minimum average annual turnover of USD 51 million, calculated as total certified payments received for substation contracts in progress or completed, within the last three (3)years. Financial Resources The Bidder must demonstrate access to, or availability of, financial resources such as liquid assets, unencumbered real assets, lines of credit, and other financial means, other than any contractual advance payments to meet the following cash flow requirement: (i) USD 8.5 million as the cash flow requirement (ii) the overall cash flow requirements for this contract and its current commitments. The Bidder must attach an affidavit that there is no set up or claimed event of bankruptcy or settlement proceeding against the assets of his company. Also that no liquidation of the company is ongoing. The Bidder must have certification according to ISO 9001 and ISO 14000 or equivalent, and description of quality assurance system and environment assurance. A complete set of bidding documents may be purchased by interested eligible bidders upon the submission of a written application on the name of "Yerevan Thermal Power Centre" CJSC requesting to the above and upon payment of a non refundable fee in the amount of USD 400 or equivalent amount in Armenian Drams (AMD) according to the exchange rate of the Central Bank of the Republic of Armenia at the day of payment on accounts specified below. The bidding document will be sent by express air mail or handed over to the authorized representative of the bidder upon receipt of bank documents evidencing payment of nonrefundable fee, but under no circumstances "Yerevan Thermal Power Centre" CJSC is responsible for late delivery or loss of documents so mailed. Accounts for payment For non-residents of Armenia (payment in USD): BENEFICIARY: YEREVAN THERMAL POWER CENTRECJSC YEREVAN, ARMENIA ACCOUNT: 2473600002170020 BANK OF BENEFICIARY: ARDSHININVESTBANK, SHENGAVIT BRANCH, Yerevan, Armenia SWIFT Code: ASHBAM22 INTERMEDIARY BANK: ACCOUNT NO:36209105 CITIBANK, NA SWIFT Code:CITIUS33 For residents of Armenia:(payment in AMD): 26 Global Project Opportunities: October’2015 BENEFICIARY: YEREVAN THERMAL POWER CENTRECJSC YEREVAN, ARMENIA ACCOUNT: 2473600002170010 BANK OF BENEFICIARY: ARDSHININVESTBANK, SHENGAVIT BRANCH, Yerevan, Armenia SWIFT: ASHBAM22 The provisions in the Instructions to Bidders and in the General Conditions of Contract are the provisions of the World Bank Standard Bidding Document: Procurement of Plant Design, Supply and Installation (published in April 2008, revised in April2015). International competitive bidding will be conducted in accordance with the World Bank's Single-Stage Bidding Procedure. A Pre-Bid meeting will be held in "Yerevan Thermal Power Centre" CJSC office at 13:00 local time on 28 October 2015atthe address given below. Bids must be delivered to the address below before13:00local time by 10 November 2015 an must be accompanied by a bid security of USD 720,000.00 only (Seven Hundred Twenty Thousand). Bids will be opened in the presence of bidder's representatives who choose to attend at 13:30 local time on 10 November2015 in "Yerevan Thermal Power Centre" CJSC office at the address given below. All correspondence with regard to the above shall be to the following address: "Yerevan Thermal Power Centre" CJSC Attention: Mr. Hovakim Hovhannisyan, General Director Yerevan, 0053 Republic of Armenia Tel.:+374 1047-27-60 Fax:+374 10 47-27-71 E-mail: mailbox@yccpp.com This Invitation for Bids, will also be published at the Armenian Procurement Portal at the following address: www.procurement.am. The Bidding Document in PDF format plus Technical Schedules in MS Word format will also be provided to those Bidders, which purchased the Bidding Document. 27 Global Project Opportunities: October’2015 3.0 PROJECT REPORTS PROJECT REPORTS Chinese firm to construct roads in Zambia Sep 24, 2015 Zambia’s Road Development Agency (RDA) has signed a contract worth US $500m with Chinese firm to construct and repair roads in the country. The construction of roads in Zambia is a project dubbed Construct-400 (C-400) and will be done by Henan International Group Company Limited from China covering roads in Ndola, Kitwe, Kalulushi, Luanshya, Chingola, Mufulira, Chambeshi and Chililabombwe. The Chinese firm will work together with Zulu Burrow Development Consultants for the design, construction and upgrading of up to 406km of roads in the region. The contract for construction work was signed by the CEO of RDA, Kanyuka Mumba and the Managing Director of CHICO, Xu Chunhua. According to Mumba, funding for the project will hopefully be completed within six months hence commencement of the construction works on the roads. Work on the roads will entail designing, construction and renovation of roads to bituminous standards. There will also be the construction of bicycle lanes, walkways and pedestrian footbridges. Mumba also noted that upon completion, there will be ease in traffic movement which will in turn reduce the cost of doing business. Up to 1000 people will be employed and trained on construction of the roads in Zambia. Measures to ensure that Zambian contractors can undertake such huge contracts were being put in place to encourage Zambians undertake contracts of such depth. Saudi Arabia to develop $320 million Riyadh mall in 2016 Construction Week 3 September Saudi Arabia's Raj Real Estate announced the construction of a $320m (SAR1.2bn) office, shopping, and dining complex in 2016. The Riyadh Walk project will span 13.7ha in the Kingdom's capital. The development will also include a 650 meter facade. The project will be situated on the northern ring road of Riyadh, 3km west of King Abdullah Financial City, in the Al Nakheel neighborhood. The lifestyle center will be similar to The Grove in Los Angeles, allowing residents and visitors to enjoy an open-air mall experience. A boutique hotel, offices, recreational and cultural areas, and a walking area have also been incorporated in the project's design. Raj Real Estate is a subsidiary of Al-Rajhi United, and Baseel property company. 28 Global Project Opportunities: October’2015 The agreement was signed by Waleed bin Saad Al-Haza, chief executive officer of Raj Real Estate company, and Ahmed bin Abdullah Bakarman, chief executive officer of Baseel, at the head office of Rajhi United company in Riyadh. "This project is a prosperous addition to the real estate market, one of the fastest growing sectors in the Kingdom and a major contributor to national economic growth, in light of the new economic diversification strategy adopted by the Saudi government under the guidance of Custodian of the Two Holy Mosques King Salman," Al-Haza said. "In addition to its real estate value and its vital location in the north of the capital, this project is a valuable addition to the retail, offices and hospitality markets." Oman to award $44 billion infrastructure contracts Trade Arabia 2 September Oman is set to award tenders and contracts worth RO17 billion ($44 billion) for several major infrastructure projects across the country during a two-day business summit in November. The Business Opportunities Forum 2015, which kicks off on November 16 coinciding with Oman’s 45th National Day, is aimed at promoting sultanate’s brand image for attracting investments and ventures. Besides offering support to small and medium enterprises (SMEs), In-country-value (ICV) and other national initiatives, the forum will also look into possibilities of establishing five new companies for which the contracts and tenders will be divided among international and local companies, reported the Oman Observer. By creating a platform for companies to benefit from the business opportunities displayed under one roof to help them expand their businesses, the forum attracts local and foreign companies interested in displaying their services, contracts and business opportunities. "We are aiming to break the record of the total value of the contracts which were achieved during the second version of the forum. OCCI hopes to have RO100 million ($258 million) worth contracts at this forum, remarked Said bin Saleh Al Kiyumi, the chairman of the Oman Chamber of Commerce and Industry (OCCI). "But taking into consideration the current economic conditions, low oil prices, the value of the contracts and tenders offered at the forum is expected to be not less than RO17 billion," he added. Qatar issues tender for first phase of rail network Gulf Business 1 September Railways Company has issued a tender to appoint a project manger for the first phase of Qatar’s rail network, which will also be connected to the wider Gulf Cooperation Council rail network. The company said in a statement that the scope of the contract includes “project and programme management, design management and construction services management.” The authority, however, did not mention when the contract will be awarded or disclose the value of the deal. Qatar is spending billions to develop a massive rail network for freight and passengers ahead of FIFA World Cup 2022. But its rail projects have been fraught with administrative delays and are lagging behind. Other GCC countries such as the United Arab Emirates and Saudi Arabia have already completed portions of their network that will be linked to the $15.5bn GCC rail. 29 Global Project Opportunities: October’2015 Earlier this year, QRC relaunched the pre qualification tenders for civil works for the first phase of its connection to GCC rail. The company had begun accepting tenders for the first phase since 2014 but it cancelled the process a month before the contract was due to be awarded. Following the call for resubmission, QRC added that the contracts for civil works and railway systems will be awarded by mid-2016. Such delays have also raised doubts about the viability of 2018 as a potential completion date for Qatar’s rail project link. Qatar is developing five lines as part of its long-distance rail including a freight line from Mesaieed to its gas field Ras Laffan, passenger and freight lines from Doha to cities such as Dukhan, Al Shamal and to Bahrain along with a high speed passenger rail from Doha to Bahrain. In its first phase, Qatar is planning to develop around 148kms of freight and passenger line to Saudi Arabia’s border that will be used by diesel locomotives. Passenger trains on this line will also be connected to Education City where the passengers can connect to Doha Metro while the freight service will continue to the industrial area in Mesaieed. Links to Bahrain and other industrial areas such as Ras Laffan and Al Khor will be added at later stages, according to QRC. Among the GCC countries, Qatar has the second largest budget for rail projects at $30bn after Saudi Arabia, which has set aside $50bn for its railways, a report by MEED Projects showed. Such a massive budget has also made the country a focus of interest among contractors looking to bag mega deals. 30 Global Project Opportunities: October’2015 4.0 WORLD DEVELOPEMENT NEWS AFRICA Tata Group now seeks to deepen presence in Africa to leverage on construction boom Sep 24, 2015 Tata Group now seeks to deepen presence in Africa to leverage on the booming infrastructure construction in the continent. According to the Business Development and Public Affairs head for the company, Madhu Kannan, the group had been in the African continent for almost 40 years and it was time for them to scale up. “Tata Group now seeks to deepen presence in Africa to leverage on the booming automotive sector, trade and infrastructure,” he said. Kannan noted that the company would leverage its presence in Africa in a structured way with this idea being prioritized a year ago. Kannan indicated that the company would primarily focus on South Africa, East Africa: Kenya and Ethiopia and West Africa: Nigeria and Ghana to grow its business. Priority was key for the company in order to kick start the process of scaling up. Different Tata operating companies will focus on different countries. Kannan further indicated that the sectors that the company had identified to focus on in Africa are the automotive sector, trade and infrastructure. The company would also focus on consumer space though not as much as the other sectors. Tata is currently working with Eskom South Africa to provide testing, inspection and certification services for the Medupi and Kusile power projects. The Projects MD for Tata, Vinayak Deshpande indicated that they were currently analyzing methods to use in the renovation of old power stations in the country for benefit of the locals. They have done an initial study on the same to see the requirements. With regard to this, Tata Projects, Tata Power and TCE would provide renovation services to clients of old power stations. These would be separate from those which had already been supplied. Governor launches construction of roads in Nigeria Sep 24, 2015 Construction of roads in Nigeria is set to receive a boost after Ephraim Inyang, Akwa Ibom State Commissioner for Works confirmed the plans plans to construct roads in the state during press briefing. He said that talks are underway with the World Bank to support various construction projects in the state. The construction project that will see 81km of roads in Nigeria constructed commences in different local government areas that will sustain and provide critical infrastructure for the benefit of the people of the state. However, according to Mr. Inyang the construction works of Ndon Uyo and Etinan Roads, the bridge at Obot Akara and dualisation of the Akwa Ibom Airport Road that connects the Oron Local Government Area is expected to commence on the 22nd day of September this year. 31 Global Project Opportunities: October’2015 If only the state had enough funds such as the bane of the administration, there is no doubt the Akwa Ibom would have been now a developed State while the citizens will be overwhelmed with joy celebrating the State’s improvement. Another key issue is the oil price and that if oil prices were as high as before, more projects would have been completed with so much development achieved in the State. The State government has however, collaborated with the World Bank to support several project including the Akwa Ibom State Community and Social Development Project that aims at providing sustainably increased access of the poor to improved social and infrastructure services to benefit the state people. Major cement plant in Kenya to be constructed Sep 23, 2015 Cemtech Limited is set to commence in January the construction of a US$ 95m cement plant in Kenya in West Pokot County. The feasibility study for the project which was commissioned in 2010 by the Kerio Valley Development Authority (KVDA) shows that the area has large limestone deposits with the possibility of producing 1.2 million tons of cement annually. Cemtech’s General Manager, Diptish Nandha confirmed the news and said that they have finalized on the logistics that had initially led to the delay of the commencement for the past five years. “We have successfully solved the major two problems; one was the quality of limestone content which our experts have successfully managed to solve so we can now produce quality limestone. Our engineers have also managed to solve issues concerning the location and access to the plant,” said Mr Nandha. The cement plant in Kenya which will be on a 650 acre piece of land is expected to entail the construction of a 64MW power plant to be sold to the national grid, a friendly cement factory, staff houses, schools, a medical centre and other amenities. In Kenya, cement factories are currently enjoying increased demand because of the major projects such as the Standard Gauge Railway, construction of major shopping malls across the country and the growing real estate business. CEMTECH Limited is a Kenya based Cement Company registered to set up a Green field cement plant in Pokot District of Western Kenya. They plan to supply cement produce from this plant to the domestic market of western and central Kenya as well as export market of Uganda and Sudan. Construction of infrastructure in South Africa to get US$ 0.10trn funding Sep 22, 2015 Construction of infrastructure in South Africa is set to get funding of upto US$ 0.10trn in a bid to boost the country’s economy. The Member of Executive Council (MEC) for Environmental, Agricultural and Rural Development in South Africa, Lebogang Maile, recently noted the development. MEC Maile noted that it is encouraging to see the construction sector grow not as a by-product of the mining industry. They are currently having mega projects in energy, information and Communication Technology, Rail, Hospitality and transport infrastructure. Maile indicated that the middle class is estimated to increase to 107million by 2030 which means that there would be an increased emphasis on addressing the infrastructure deficit. Africa’s stand in the global construction industry investment would then grow rapidly. 32 Global Project Opportunities: October’2015 According to a report by KPMG’s construction survey Africa, real estate investments in the region account for 43.8 percent of capital investment generating 33.6 percent of foreign direct investment jobs in the continent. The report also indicates that Africa is ranked high when it comes to finding an investment destination for construction companies. About half of 165 global leaders in the construction and engineering industries surveyed in 2013 showing the desire to venture into the continent. Maile further noted that the smaller companies located in Europe and Middle East with a turnover of less than US $0.37bn are the ones who are mostly investing meaning that they can see the dynamic link between their growth in Africa’s future. Construction of infrastructure in South Africa is seen as a key move to boost the burgeoning economy in Africa. ASIA Thailand OKs $5b-worth projects under new infra law Erich Parpart The Nation Publication Date : 25-09-2015 Five projects worth a total of 200.38 billion baht (US$5.52 billion) are expected to kick-start public-private participation under the new PPP law as part of the country’s infrastructure development plan from 2015 to 2020. “The PPP projects that were identified are meant to help lower the financial burden of the government as it is planning to spend a large amount of capital on infrastructure projects,” Deputy Prime Minister Somkid Jatusripitak said yesterday after the PPP Policy Committee’s meeting. He said the PPP model would help keep public debt – which is now at 45.7 per cent of the country’s gross domestic product as of September – under control. The government traditionally prefers to keep the debt level at below 50 per cent – well below the international standard of under 60 per cent. The Council of Economic Ministers revealed yesterday that five PPP projects under the new Private Investment in State Undertakings Act (PPP law) worth around 200.38 billion baht will be sent to the Cabinet for approval in the next three months. They include three Metropolitan Rapid Transit (MRT) projects in Bangkok and two waste-to-energy power plants in Nonthaburi and Nakhon Ratchasima provinces. The government hopes to invest around 1.57 trillion baht in public infrastructure (2015-20), largely through partnerships with the private sector. The five-year plan has outlined 66 investment projects in 20 categories where 84 per cent of them are transport projects. “Investment in mass-transit projects is the most obvious in terms of the effect on the economy as the projects are sure to spur growth of the property and real estate along the rail lines,” Somkid said. The director of the State Enterprise Policy Office (SEPO), Kulit Sombatsiri, revealed that it would take at least four months before any construction could begin and most likely the waste powerplant in Nonthaburi would be the first to kick-off as the Cabinet approved the project last Tuesday. Of the three mass-transit projects, MRT Blue is better prepared for construction. 33 Global Project Opportunities: October’2015 Feasibility studies for all five projects have been done and all of them have already gained environmental impact assessment approvals and that is the reason why they were picked under the new PPP law, he said. The Blue Line will be under the “PPP Net Cost” benefit-sharing model (fare revenue collection and commercial development of station areas and revenue sharing on a performance-based agreement). The other two lines are still under consideration on whether they should be under the PPP Net Cost or the “PPP Gross Cost” model (the private receives an operating and maintenance fee, while the public benefits from fare revenues and commercial development of station areas). Meanwhile, Supant Mongkolsuthree, chairman of the Federation of Thai Industries, said this was a positive development. If they were fully implemented, it would help with the stimulation of the economy through improvement of transport infrastructure and logistics. Private investments will also increase along with it, he added. Pimonwan Mahujchariyawong, deputy managing director of Kasikorn Research Centre (KResearch), said the three MRT projects are known to the public so their impact on the economy has already been factored in, but the announcement has provided clarity on how it will be funded. “The impact [from the five PPP projects] on the GDP will be minimal this year and the next since I do not expect construction of the MRT lines to begin until around the end of next year. So, the impact of the capital investment into the projects, which will make its way into the economy, should begin by then and become more apparent in 2017,” she said. “Nevertheless, K Research expects construction of the MRT Green Line, Laem Chabang Port Phase 3, double-track railways and the four motorways projects to help spur economic expansion next year,” she added. Indonesia may ask China to build high-speed train Business Desk The Jakarta Post Publication Date : 18-09-2015 The Indonesian government may name China to build Indonesia’s first high-speed train after the latter made it clear that the bullet train project would not require state funds or a government guarantee. State-Owned Enterprises Minister Rini Soemarno said that China had in principal agreed to carry out the high-speed train project under a business-to-business scheme with no state budget or government guarantee involved. “It [the Chinese government] has even agreed to build the train stations and to conduct technology transfer,” she said in Beijing on Wednesday night. Rini added that the Chinese government had agreed to jointly produce train cars not only for highspeed, but also electric and light trains, which would be developed in Indonesia. Apart from local use, the train cars could be also exported to other Asian countries so that they could generate foreign exchanges for Indonesia, she said. To support the programme, China has agreed to build an aluminum plant in Indonesia, which could provide the raw materials for the production of the train cars. President Joko “Jokowi” Widodo earlier denied reports that the government had scrapped the highspeed train project. He said that his government wanted the project construction to be carried out with no state budget. 34 Global Project Opportunities: October’2015 “I’m waiting for the [project] calculations [from investors]. If it makes sense, go ahead. So, it is not that the project is canceled,” he said in Doha, Qatar, as quoted by the Cabinet Secretariat on Tuesday. Earlier this month, Jokowi announced that his office had dropped the project because it would partly use state budget and would require a government guarantee. Besides China, Japan also bid for the country’s first bullet train project, set to connect Jakarta and Bandung. “We will develop a medium-speed train instead,” Jokowi said in a statement distributed by presidential chief of staff Teten Masduki, earlier this month. “The development will not use any part of the state budget, directly or indirectly. The government will not provide any viability gap fund. The cooperation will be under a business-to-business scheme.” Coordinating Economic Minister Darmin Nasution said recently that a bullet train was not economically viable for such a short distance of only 150 kilometres, with five to eight projected stops along the way. The train would reach a maximum speed of only 200 kilometers per hour from a potential of 300 kph. The medium-speed train was also to be 30 to 40 per cent less expensive than the high-speed train, which would cost around US$6 billion. The announcement ended the widely publicised tug-of-war between Japan and China over the project. Meanwhile, Rini said the government would follow up on the latest discussion with China so that a deal could be sealed and the construction could soon kick off. She added that her ministry had formed a consortium consisting of state-owned construction company PT Wijaya Karya (WIKA), state-owned train manufacturer PT INKA, toll operator PT Jasa Marga and plantation company PTPN VIII to run the high-speed train project. WIKA corporate secretary Suradi told The Jakarta Post on Thursday that Rini had last contacted his firm early this month, instructing WIKA to reassess the bullet train project. “Currently, we are conducting an internal consolidation while waiting for further government instruction,” he said. In China, Rini also witnessed the signing of a loan commitment worth $3 billion between the China Development Bank (CDB) and state-owned lenders Bank Mandiri, Bank Rakyat Indonesia (BRI) and Bank Negara Indonesia (BNI) to finance infrastructure development in Indonesia. The agreement allows the three banks to obtain $1 billion each for 10 years’ tenure, with 30 per cent of the amount drawn down in Chinese yuan to finance infrastructure projects and trade, especially between the two countries. At the same time, another Chinese financing giant, the Industrial and Commercial Bank of China (ICBC), signed a memorandum of understanding (MoU) with the Indonesian government to provide $20 billion in loan commitments to a number of state enterprises. 35 Global Project Opportunities: October’2015 Thailand on board with 'One Belt, One Road', Myanmar wary, Taiwan’s status unclear Enru Lin The China Post Publication Date : 18-09-2015 Thailand appears to be fully on board with China’s One Belt, One Road infrastructure project but the Philippines and Myanmar are cautious, according to academics hosted yesterday in China’s southern city of Nanning. Meanwhile, the status of Taiwan’s bid to invest in One Belt, One Road remains unclear, an analyst said. Taiwan's application to join the Asian Investment Infrastructure Bank (AIIB), the financing body for One Belt, One Road, as a founder was rejected in April. The Finance Ministry of Taiwan has said it would negotiate with approved members with the goal of reapplying at a later date as an "ordinary member." According to the ministry, joining the funding body would expand market opportunity and strengthen regional interactions that could facilitate free-trade agreements. "With Taiwan’s membership, there's no word. I truly don’t know if there has been progress," said Zhai Kun, a professor at Peking University and a council member on the China People’s Institute of Foreign Affairs. "In principle, the AIIB wishes that sovereign countries participate. It’s always down to this problem." Zhai was speaking in Nanning, China at a forum held as part of the China-Asean Expo, which opens today and runs to September 21. This year, the trade show focuses on trade networking and other supporting events for Southeast Asian countries participating in One Belt, One Road, a state initiative to build hard and soft infrastructure throughout the Indo-Pacific and inner Asia. Reactions in Asean States Li Mingjiang, a panelist at the event and a professor at the Nanyang Technological University in Singapore, said reactions from the Asean states have mainly been positive. He said most Southeast Asian countries have indicated a clear willingness to participate as they considered it a good opportunity for long-term economic development: Thailand, Cambodia and Laos were "the most supportive" and appeared to endorse the project with no reservations. "Having said that, there are significant strategic concerns," he said. Singapore, Indonesia, Malaysia and Brunei appeared to be largely supportive but to harbour qualms that the project would become a political and strategic tool. Another group comprising the Philippines, Vietnam and Myanmar were the least supportive, despite giving official assent. "In reality we know major projects between China and Myanmar would be a bit challenging, and the domestic political situation would need to stabilise before we can talk about a substantive Myanmar participation," he said. Reducing the Trust Deficit 36 Global Project Opportunities: October’2015 At the forum, Li urged Beijing to address concerns among Asean countries and non-participant countries, particularly Japan and the United States. "I wonder if it’s possible for China and these external powers to work out a formal mechanism so that the external powers don’t feel threatened, like they are being excluded," he said. Among participating countries, China could build trust by creating channels for leaders to discuss their national macroeconomic policies and to work out how they are compatible with One Belt, One Road, he said. Li recommended that the China establish platforms where local governments can reach multilateral policy decisions for the project. Zhai said that an effective media campaign is vital. Since 2013, Beijing has been promoting One Belt, One Road at the government level and over 50 countries have signed on to become founding members in its funding body, he said. "But working at the government level is absolutely not enough. Media -- particularly small and medium-sized enterprises and private companies -- still have a very limited understanding (of the project) and it is their reach that goes farthest," he said. Cyril Pereira, co-chairman of the Asian Publishing Convention, stressed that courting media in Southeast Asia would mean respecting the maritime rights of Asea states. "There needs to be a fundamental shift in attitude and action before belt media can cooperate," he said. Myanmar set to emerge as Asian leader in oil, gas exploration Khine Kyaw The Nation Publication Date : 14-09-2015 Despite the slump in energy prices, oil and gas fields in Myanmar will soon be the busiest in Asia as foreign and local investors begin to ratchet up their explorations, a recent seminar was told. Waranon Laprabang, senior vice president of PTT Exploration and Production, said oil prices are creeping up. "For now, operators need to see how they can work together to maintain the success we have achieved," he told the third annual Southeast Asia Offshore Summit 2015. Low energy prices will bring opportunities to the country as the cost of exploration falls in line with energy prices said Daniel Clery, country manager of Woodside Energy (Myanmar) - a subsidiary of Australia's Woodside. It is a very good time to explore in Myanmar, he said. Than Tun, offshore director of Myanmar Oil and Gas Enterprise, said the activities in Myanmar would be in full steam in the next three years. Exploration must be carried out regardless of the energy prices, according to the Production Sharing Contract obligation that binds all local and foreign bid winners. This means that service contractors will be in high demand. At least two offshore supply bases will be required to fulfil logistics support for those operations. "We will shortly start onshore operations such as drilling, pipelines, seismic activities, and some offshore works. We have tried to develop the existing offshore blocks and exploration on 20 new blocks will start soon. Onshore exploration in 39 blocks has also kicked off," Than Tun said. 37 Global Project Opportunities: October’2015 Myanmar divides offshore areas into 51 blocks: 18 are under operation, 20 new blocks were awarded last year and 13 are in the government's hands. Seismic tests and drilling of the new blocks are to be carried out in 2015-2016. Myanmar is a promising country for international operators, said Xavier Preel, general manager of Total E&P Myanmar, which started operations in the country in 1992. "We are starting a new era of deep-water exploration in the country," he said. MIDDLE EAST Oil prices lead Qatar to prioritise existing projects By Neha Bhatia Sunday, 20 September 2015 4:13 PM Qatar is set to award contracts worth $220bn over the next ten years, prioritising existing development projects in light of dwindling oil prices. The investment programme will extensively focus on infrastructure, education, and health sectors. A report by Standard and Poor's (S&P) about Qatar, cited by local daily The Peninsula, stated: "We expect the majority of the projects to be completed ahead of World Cup soccer in 2022 Qatar is hosting." Qatar's programme will aim for medium-term real economic growth, despite contribution to "a deterioration in fiscal and external balances, exacerbated by large fall in oil prices", S&P continued. "The stable outlook reflects our view that Qatar's economy will remain resilient, supported by strong macroeconomic fundamentals, although we anticipate continued institutional weaknesses and limited monetary flexibility over the next two years. S&P classified Qatar as a wealthy economy, and said it estimates the country's per capita GDP (income) at $81,000 this year, the daily's report added. Qatar allocates 95% of investment for 8,500km of highways The Peninsula 18 September The Prime Minister and Interior Minister H E Sheikh Abdullah bin Nasser bin Khalifa Al Thani said that Qatar has allocated 95% of its infrastructure investments to road transport. The minister outlined that by 2020, Qatar will have highways totaling a length of more than 8,500km, 200 new bridges and 30 new tunnels. He said these projects were in addition to the existing and recently completed transport facilities, including the Hamad International Airport and the Hamad Port, the latter which begins its pilot operation before the end of this year, The Peninsula reports. He highlighted the achievement of the Doha Metro project, which has entered the Guinness World Records after operating the largest number of giant tunnel boring machines at once: “This shows the relentless and hard work being made to accomplish our projects on time and as planned.” Alongside the expressway network that will link Doha to all the major cities and energy and industry centers, there are preparations to start working on a long-haul train for passengers and goods that will link Qatar to the GCC rail network. 38 Global Project Opportunities: October’2015 He noted that the time was ripe for development opportunities, operation and maintenance of transport facilities, stressing that Qatar’s goal is to not only establish world-class infrastructure, but also build a complete, effective and high-tech transport system that serves the sectors of services, economy and environment, while linking Qatar to the regional and international economy. He said: “We have the resources and the wise leadership that is committed to achieve our dreams on the ground.” The Supreme Committee for Delivery and Legacy (SCDL) Secretary General Hassan Al Thawadi said that despite the fact that the World Cup is seven years away, preparations are progressing well at all levels thanks to “our deep belief that the Middle East and the Arab world need to host an event as big as the World Cup” as it constitutes a genuine opportunity to enlighten the future of the region, revive its economy and give a chance of creativity for its youth despite the current conditions. Kuwait's KIPCO announces plans for $5bn real estate project www.arabianbusiness.com Kuwait Projects Co (KIPCO), the country's largest private sector investment firm, is planning a $5 billion real estate scheme on the outskirts of Kuwait City, the company's vice chairman told a local newspaper on Sunday. The 380,000-square-metre project is planned for the al-Daiya area where several foreign embassies are located, Faisal al-Ayyar said in an interview with al-Qabas newspaper. It is set to include both residential and commercial spaces, as well as infrastructure such as roads, parks, walkways and electricity. United Real Estate, a unit of KIPCO, will be responsible for implementation, along with other unnamed entities, he said. KIPCO aims to present its plans to regulators in the coming days and to begin implementation this year. "The project is considered the largest and most important in Kuwait, especially in the real estate sector," he told al-Qabas. Ayyar acknowledged concerns about bureaucracy, noting that KIPCO's successful bid to develop Abdullah al-Ahmed Street a decade ago was later cancelled by parliament. The company was hoping for the best from national authorities given the size of the al-Daiya project, he said. Beyond Kuwait, Ayyar said the majority of KIPCO's investments are on track, including in high-risk markets Egypt, Syria and Iraq. "Even in Iraq, with severe turbulence, our companies are profitable," he said. He expressed optimism that subsidiary Burgan Bank would continue turning profits in Turkey, despite uncertainty over parliamentary elections and a declining Turkish lira. In July, KIPCO reported a 17.5 percent rise in second-quarter net profit to 13.4 million dinars ($44.2 million). 39 Global Project Opportunities: October’2015 Dubai's RTA seeks developers for Union Oasis project www.arabianbusiness.com/ Dubai's transport authority is set to start the tendering process for contracts on the Union Oasis, Dubai's first Transit-Oriented Development concept project. The Roads and Transport Authority (RTA) said it is inviting developers and investors from the private sector to complete the prequalification requirements this month. Work is currently underway in revising the project manual along with the bidding conditions for selecting the best partners for the public private partnership, the RTA said in a statement. Union Oasis, which was formerly a public park, will offer mixed development that will include recreational facilities and green areas, residential apartments, commercial spaces as well as retail outlets. "The Project Manual, which had been released to investors and developers last March, is currently being revised. This Guide contains comprehensive information about the Union Oasis project which comprises the construction of towers above the Union Square Metro Station spanning an area of about 15,000 square metres," said Abdullah Yousef Al Ali, CEO of RTA Rail Agency. The facility will have direct access to the metro station served by both red and green lines, while the Union bus terminal is just 200 metres away. Ali added: "The RTA is availing investors the opportunity of drawing up alternative architectural designs compatible with the approved architectural vision of the project including its phased construction... the agreement will be valid for 30 years in addition to 3 years as a grace period for completing construction works along with other facilities." Third of Mid East mega projects yet to hire main contractor www.arabianbusiness.com/ A third of Middle East mega projects worth hundreds of billions of dollars have still to appoint a main contractor and are creating enormous opportunities, it has been claimed. A new report published by Ventures Onsite, which details the top 30 projects set for construction in the region over the next two decades, reveals that a third are still to hire a builder. "Most projects without contractors are scheduled to start either at the end of the year or the start of next year. So the nature of construction means they are likely to be close to making a decision," said Andy White, vice president of dmg events and The Big 5 2015. "Two of the projects in Oman will not begin until 2017, but the demand being generated for building materials and equipment from other projects means the next few months represent an ideal window of opportunity for contractors, suppliers, and manufacturers to secure contracts and source products," he added. Mohammed Bin Rashid City, a ten-year multibillion dollar project in Dubai, is one of the most expensive projects under construction in the report. The mixed-use project is set to become home to Mall of the World, the world's largest retail destination, and a family leisure entertainment complex that is being built in partnership with Universal Studios. If all goes to plan it will also host the biggest swimming pool in the world, at 40 acres. However, with a projected cost of over $100 billion, the most expensive project in the report is the King Abdullah City of Atomic and Renewable Energy in Saudi Arabia. This sustainable city forms an important part of a region-wide focus on green construction and sustainability and comes with ambitious plans to install 7GW of nuclear power and 41 GW of solar capacity by 2040. 40 Global Project Opportunities: October’2015 Construction of the city is scheduled to start early next year once a main contractor has been appointed, the report said. Meanwhile, the complexity and size of construction projects in the Middle East suggest contractors may need to adapt their business models as the market shifts aggressively towards governmentsponsored infrastructure projects. "The GCC has established a reputation for creating some of the most iconic skylines in the world. The projects of the future are likely to be equally impressive, but a change is taking place in the region and the next wave of construction will be infrastructure. This process has already begun and promises to transform the region," White said. White said the fact the region's top megaprojects are scheduled for completion between 2016 and the mid-2030's reflects a long-term perspective towards the built environment that is being guided by governments' desire to improve quality of life in the region. Ajman's Al Zorah launches projects worth $408m By Staff writer www.arabianbusiness.com Tuesday, 8 September 2015 3:20 Al Zorah Development Company, a joint partnership between the Government of Ajman and Solidere International, has unveiled two new communities with a development value of AED1.5 billion ($408 million), within its self-sustained 5.4 million square metre development, at Cityscape Global. The Golf Estates gated community is a combination of villas, townhouses and apartments set on the 18-hole Nicklaus Design Golf Course within The Fairways district while the Al Zorah Beach Residences comprises chalet-style villas and apartments in The Shores district, in what will be the country's first residential property on the beach right next to a golf course. Both Golf Estates and Beach Residences will start construction in early 2016 with the former scheduled for completion in 36 months and the latter in 24 months. Imad Dana, CEO of Al Zorah Development Company, said: "Al Zorah is envisioned to be a one-ofa-kind destination which will bring a new lease of life into the UAE's real estate sector." Dana added: “800 units will make up the Golf Estates Community, through apartments, villas and townhouses, and will also include a retail element to cater to the needs of the community. These will be designed keeping in mind the overall conscious effort to maintain the outdoor feel of the development." Al Zorah Beach Residences will feature 134 units and will be set just 50 metres from the beachfront. The initial phase of the development includes an 18-hole Nicklaus Design golf course and clubhouse which will be open for golf enthusiasts in December this year, to be followed by 42 exclusive Golf Villas by mid next year. Early 2016 will see first of the four marinas open to boat and yacht owners even as all landscaping and infrastructure works are completed. Early-2016 will also see the premium 5-star Oberoi Al Zorah Resort open for business. 41 Global Project Opportunities: October’2015 New Saudi construction body aims to reduce red tape By Reuters Tuesday, 8 September 2015 2:53 P Saudi Arabia has approved establishment of a special body intended to speed up construction projects in the kingdom stalled by bureaucracy and lack of coordination. The government has delegated its trade minister to create the first board of the Saudi Association for Contractors, the state-run Saudi Press Agency reported. It did not give any details in a brief announcement made during a weekly cabinet meeting on Monday evening. Asharq al-Awsat newspaper said on Tuesday board members would be named within 60 days and the Association would constitute the official umbrella of the contractors sector in the kingdom. The board would be made up of businessmen, engineers and a representative from the trade ministry, the paper said. The association is expected to handle matters related to contractors' business, from issuing permits, visas, competition for projects and execution, the paper said. Abu Dhabi airport expansion hits key construction milestone A major milestone has been reached in the construction of Abu Dhabi Airports' new Midfield Terminal Building, which will have the capacity to handle 30 million passengers a year. The process of de-propping the centerpiece of the building, the curved roof, has begun, which will give the impression that the state-of-the-art looking structure is floating on 18 steel arches. Officials added that the whole project is on track to be 70 percent completed by the end of this year. In this first of nine de-props, a team of 45 specialists, with 60 hydraulic jacks, systematically removed 30 temporary supports used for constructing the roof element, in one of the most complex engineering feats of the multi-billion dollar infrastructure project. Saudi Arabia is trimming expenses, slowing some projects, minister confirms By Reuters Sunday, 6 September 2015 3:52 PM Saudi Arabia's government is cutting unnecessary expenses and delaying some projects to compensate for low oil prices, though projects that are important for the economy will go ahead, Finance Minister Ibrahim Alassaf said. His comments, made in an interview with broadcaster CNBC Arabia during a visit to Washington with King Salman, were the clearest official signal yet that the government was reducing expenditure in some areas as cheap oil slashed its revenues. Alassaf said the world's top oil exporting country was well-prepared to cope with the plunge of crude prices since last year, and that Saudi policymakers were taking it seriously. "We have built reserves, cut public debt to near-zero levels and we are now working on cutting unnecessary expenses while focusing on main development projects and on building human resources in the kingdom," he said in the interview, broadcast on Sunday. "There are some projects like the ones that have been approved a few years ago and haven't been carried out until now - that means such projects are not currently necessary and can be delayed," he added. 42 Global Project Opportunities: October’2015 "Projects in sectors such as education, health and infrastructure are not only important for the private sector but also for the long-term growth of the Saudi economy." The International Monetary Fund and private analysts have calculated Saudi Arabia may run a huge budget deficit of $120 billion or more this year because of cheap oil. Its financial reserves, which total over $600 billion, mean it is in no danger of running out of money for several years. But the prospect of a long period of low oil prices - and the fact that officials have said little publicly about how they would handle it - have started to worry financial markets, with the cost of insuring against the risk of a Saudi sovereign debt default rising. Alassaf did not give details of how he was cutting spending. Last December, the ministry said it would "rationalise" spending on public salaries, but analysts believe outright salary cuts would be too politically sensitive to introduce. With Saudi Arabia embroiled in a war in Yemen, security spending looks unlikely to be cut. So infrastructure projects may feel the brunt; for example, a plan to build soccer stadiums around the country has been scaled back, a $201 million contract to buy high-speed trains was cancelled, and expansion of an oilfield has been slowed, sources told Reuters in recent weeks. In July, Riyadh began issuing sovereign bonds for the first time since 2007 to help cover its budget deficit. Alassaf said the government would continue issuing bonds and might also sell Islamic bonds, or sukuk, to finance specific projects. "There may be an issue (of sukuk) before the end of 2015 but I cannot say this will continue - it all depends on the need to finance the budget deficit." Dubai forecast to complete $82bn projects by 2020 By Staff writer Friday, 4 September 2015 12:58 Dubai will complete an estimated AED301 billion ($82 billion) worth of projects in the areas of housing, entertainment and infrastructure by 2020, a new report has said. These large scale developments will create immediate demand in the work force, reducing the current occupancy rates of housing stock, said Reidin's report entitled Dubai: Tomorrowland. "We extrapolate that the number of jobs created in the real estate sector will rise by approximately 60 percent in the next five years," Reidin said. The construction boom comes as Dubai prepares to host the prestigious World Expo event in 2020. At its peak, the Dubai Expo 2020 exhibition site at Dubai Trade Centre-Jebel Ali is designed to accommodate up to 300,000 visitors, with average week-day attendance expected at 153,000. Running October 2020 through April 2021, the Expo will launch the country’s Golden Jubilee celebration and serve as a springboard from which to inaugurate a progressive and sustainable vision for the coming decades. "We opine that as these jobs are created, there will be a mismatch between the sectors where the jobs are created (predominantly at the mid end) compared to the topography of the real estate, which is skewed towards the higher end," it added. The report said that given the large supply pipeline of these large scale projects, and the demandsupply mismatch, it is likely that prices in the mid end of the market will remain relatively firm as upward pressure is created. 43 Global Project Opportunities: October’2015 It added that private sector developers are likely to respond by skewing supply dynamics towards this sector, a trend that is already underway. Nshama to launch $204k apartments at Dubai mega project By Staff writer Friday, 4 September 2015 Town Square, the Dubai mega project being developed by Nshama, has unveiled Jenna, the first residential apartments in its main square. Nshama said in a statement that the launch of Jenna offers the "unprecedented opportunity" to own homes at affordable prices within the heart of the 750-acre development. The sale will be held on September 5 at the Town Square Sales Centre in Downtown Dubai. Prices of two-bedroom apartments start at AED749,888 ($204,165). The size of 16 football fields, the main square also features retail, hospitality and leisure choices. Jenna apartments will be located next to a new Vida Town Square Dubai hotel, Reel Cinemas cineplex and open-air cinema, and over 2.5 million sq ft of retail of which over 350 shops and F&B outlets are located around the main square itself. Fred Durie, CEO of Nshama, said: “The Main Square is the soul of Town Square, and underlines the trendy new lifestyle that we are bringing to Dubai. Since the launch of Town Square, end-users have been awaiting the launch of residential units within Main Square. "With Jenna, located right in the heart of Town Square, we are entering the next phase in the development of Town Square.” He added: “While Jenna are the premium homes in Town Square, the fundamental approach of Nshama to deliver affordable, ‘live life at your price’ homes continues to be the highlight of the new residences too.” Town Square will feature over 3,000 townhouses and more than 18,000 apartments as well as substantial retail, hospitality and commercial space. Nshama said it plans to launch new residential projects within Main Square, saying the earlier launches of townhouses and apartments gained overwhelming investor response. 44 Global Project Opportunities: October’2015 5.0 Articles of Interest Cautious optimism for Bahrain’s banks Thanks to robust non-oil sector growth and ongoing regional investment in infrastructure development, Bahrain’s banks are proving more resilient than expected during this period of lower oil prices. According to international credit ratings agency Moody’s, strong sector liquidity and ample capital buffers should allow the country’s banks to adapt to the more challenging economic environment, though funding and profitability could still be affected in the coming 12-18 months. Accordingly, Moody’s revised its outlook for Bahrain’s banks from stable to negative in July, citing an anticipated slowdown in economic growth and suggesting that prudent risk management measures be put in place. Banks well placed to deal with downturn Although Bahrain’s Economic Development Board (EDB) has confirmed that the local economy is cooling, better-than-anticipated performance in the non-oil economy, which makes up around 80% of the island’s GDP, is providing some cushioning. According to Moody’s, non-oil GDP growth could reach 3.5% this year, compared to the 2.7% growth projected for the broader economy. This is due in large part to the 5.7% yearon-year decline in the hydrocarbons sector in the first quarter of the year, as per EDB figures. Moody’s said the kingdom’s banks were well placed to ride out a more difficult operating environment, with the 113 banks active in the local market – a mix of locally incorporated and foreign commercial and Islamic lenders – holding combined assets of $189.1bn, according to the most recent figures from the Central Bank of Bahrain (CBB). Infrastructure support In addition to a growing contribution from the non-oil economy, Bahrain’s banks are set to benefit from regional assistance in the form of the GCC Development Fund. According to local press reports, Bahrain will receive $10bn of funding over the next decade from the regional bloc to finance large-scale infrastructure projects. Among these is the expansion of Bahrain International Airport, at an estimated cost of some $4.6bn, which will include a new 170,000-sq-metre terminal building and boost passengerhandling capacity from 9m to 13.5m per year. Bahrain also plans to further its housing scheme, as well as construct or upgrade crucial transport infrastructure, such as railways and roads. Roughly half the GCC funds will be channeled towards construction of residential units, according to MEED. Future concerns Though reasonably well insulated, the sector could still feel the impact of growing pressure on state finances, according to ratings agency Fitch, which downgraded Bahrain’s long-term foreign currency issuer default rating from “BBB” to “BBB-” in June on weaker oil prices and a rising budget deficit. This followed an earlier downgrade by Standard & Poor’s in February of both the sovereign and the CBB, from “BBB” to “BBB-”. 45 Global Project Opportunities: October’2015 Fitch forecasts that debt to GDP could rise to 54.2% this year and 58.6% the following year, compared to 12.6% at end-2008. According to Moody’s analyst Christos Theofilou, Bahraini banks’ significant exposure to sovereign-related debt – at around 1.6x their equity as of July – will put the sector’s credit profile more closely in line with that of the sovereign. Moody’s has also warned that the sector may need to increase loan-loss provisioning in the coming months. While non-performing loan (NPL) ratios have remained relatively stable, many banks are still working to resolve and write off legacy defaults, and Moody’s has predicted a slight uptick in NPLs in the next 12-18 months, to 6-6.5% by mid-2016. While relatively smooth sailing prevails for the time being, investors will be keeping their eyes open for other ratings action. Further downgrades would not only raise sovereign borrowing costs, but could also impact the availability of funding for the country’s banks as they seek to tap international markets. Resulting declines in net interest revenue could further constrain private sector borrowing and investment, made more important in the face of reductions in government spending. Oxford 29 September Business Group PPP offers vast opportunities and risks 22 September 2015 5:05 GMT | By Jennifer Aguinaldo meed.com Adopting PPPs solely to address potential budgetary constraints could backfire All the stakeholders in a public-private partnership (PPP) programme should ideally win from the efficiencies fostered by the programme. Funding risks are apportioned between the government and the private sector, significant costs savings are achieved through efficient procurement and contracts management, quality is monitored from design to operations optimising reliability of infrastructure projects, and potential costs and risks throughout the life cycle of the infrastructure are properly appraised and managed. In addition to the fiscal savings for the government, theprivate sector could also bring their technology, expertise and experience to benefit the projects. However, actual PPP projects have yielded mixed results and there have been as much failures as success, if not more. The Washington-based International Monetary Fund (IMF) has warned that PPP projects in countries that are motivated solely by the need to circumvent budgetary constraints rather than efficiency tend to not live up to their promise. “This has led some governments to proceed with low quality and fiscally costly projects that would otherwise have been excluded from their public investment plans,” the IMF cautioned. The risks of a PPP project failing, points IMF, arise from poor contract designs, over-optimistic assumptions on revenues based on user fees, as well as minimum income guarantees provided by the government. It is clear that some GCC governments’ renewed interest in PPPs is motivated primarily by fiscal concerns. Doing so seems to guarantee a negative outcome if one goes by IMF’s observation. However, an awareness of this weakness can produce a positive outcome by allowing the concerned government entities to undertake a higher level of due diligence along with the most trusted advisors. This could then lead to the adoption of watertight regulatory frameworks and 46 Global Project Opportunities: October’2015 oversight committees to maximise the likelihood of fostering efficiencies and strong commitment from all PPP participants. They can then select the most suitable PPP variants – build-operate-transfer, build-operate-own, or build-lease-transfer - that suit their risks appetite, regulatory environment and culture. Finally, one could bet on the strong appetite displayed for many years by aspiring participants – from lenders, equity investors, consultants, legal advisors, developers and contractors - to garner a share of public infrastructure projects in the region to conclude that they are as desperate as the public sector in getting the best out of the pending PPP boom in the region. Qatar’s business environment outlook remains strong PR 14 September The Q3 Business Optimism Index (BOI) report, conducted by Dun and Bradstreet and sponsored by the Qatar Financial Centre (QFC), shows that although planned expansion activities have lost some traction in both the hydrocarbon and non-hydrocarbon sectors; the overall business environment outlook still remains strong. The Construction Sector forecast declined from a BOI of 46 in Q2 to 34 in Q3, 2015 on the back of competition, drying up of new projects and reduced business activity during the summer season. This ‘off-season’ also saw the composite BOI for the Trade & Hospitality Sector reach its second lowest level in six years, dropping from 28 in Q2 to 6 in Q3, 2015. The outlook for the Finance, Real Estate & Business Services Sector also revealed a weaker third quarter with a 15-point decrease, from 49 in Q2 to 34 in Q3, 2015. Despite the decline in BOI scores for the Transport & Communications sector, expectations over securing new projects and orders in the coming quarter remained firm. The main concern for the hydrocarbon sector continues to be the dropping oil prices, while for the non-hydrocarbon sector the primary bone of contention is the adverse impact of competition coupled with the delays in payments/receivables. Yousuf Al-Jaida, Chief Executive Officer, QFC, said: “Over the years, we have noticed a trend in which the private sector expects Q3 to be a weak quarter. This we know is attributable to seasonal factors and is not indicative of the overall business environment.” “Overall, Qatar’s economy continues to grow and diversify steadily. The private sector is also maturing. We see this not only in the type of international firms setting up in Qatar, but also from the expansion of the QFC firms across the regional and international markets . This is the bigger picture trend we are seeing” he added. Rajesh Mirchandani, CEO, Dun & Bradstreet,, said: “The Q3 results are indicative of the overall sentiment in Qatar throughout the summer season, characterized by an underlying combination of reduced working hours during the Holy month, the onset of holidays and a significant portion of the working population travelling abroad. Although there has been a decline in results; the overall business environment remained positive, which is in part due to the huge government spending to diversify the economy.” Meanwhile, the small and medium enterprises (SMEs) community continued its more positive outlook compared to large companies when it came to the overall business environment. 61% SMEs indicated that they did not anticipate any adverse factors to hamper business operations in Q3, 2015, compared to a corresponding 55% proportion of large companies, that resonated the same sentiment. However, SMEs continued to post a weaker forecast with respect to volumes of sales, new orders, profitability and hiring. 47 Global Project Opportunities: October’2015 ADB predicts 5.5% growth rate for Nepal in 2015 Business Desk The Kathmandu Post Publication Date : 04-09-2015 The Asian Development Bank (ADB) on Thursday forecast that Nepal’s growth rate would strengthen from 3 per cent in 2014 to 5.5 per cent in 2015 on the back of agriculture gro-wth, pace of reconstruction work and revival of tourism. However, it has cautioned that the projected growth could plunge if the adverse political situation continues, capital expenditure is slow and there is unfavourable rainfall behaviour. If the adverse situation prevails, growth could drop to 4.5 per cent or below. On the other hand, the government has predicted a growth rate of 6 per cent. Unveiling the macro economic update, ADB country director Kenichi Yokoyama, said that Nepal’s growth would be based on how fast post-earthquake reconstruction activities are conducted. He stressed the need for the government’s role to increase investment in the infrastructure sector. “The government also needs to focus on the effectiveness of its fiscal policy to influence the economy, which could ensure growth to revenue collection to maintain the fiscal balance.” Economist Chandan Sapkota said that the pace of the post-earthquake reconstruction work and its effectiveness and monsoon behaviour would be key determining factors for Nepal’s growth. As the government has targeted 6 per cent annual growth, the ADB said that the goal would be met if the growth rate of agriculture sector increased by 2.5 per cent and the non-agriculture sector by 7.7 per cent. The growth of the manufacturing sector should reach at least 13.6 per cent and the service sector 6 per cent, according to the ADB report. Besides agricultural growth, the pace of reconstruction and tourism revival, the ADB said that growth hinged on other economic indicators like infrastructure development, improvement of the service sector and increased inflow of remittance. Nepal’s growth shrank to 3 per cent in the last fiscal year against the projected 4.6 per cent largely due to a poor monsoon that reduced the output of summer crops followed by the April 25 earthquake. The ADB said that the industrial and service sectors were severely hit by the tremors. “A poor monsoon led the agriculture sector growth to fall to 1.9 per cent, against the projected 2.6 per cent,” Sapkota said. 48 Global Project Opportunities: October’2015 Similarly, industrial growth shrank to 2.6 per cent against the predicted 4.6 per cent and the service sector dropped to 2.1 per cent against the projected 6 per cent growth. The ADB has projected that the inflation rate would hover at 9.5 per cent, which is more than the government’s estimate of 8.5 per cent. The negative impact on the supply chain from the ongoing strikes mainly in the Tarai region will push up inflation. Likewise, a food price hike in India will also affect the domestic market. The report also pointed out that the government’s capital expenditure fell to 69.9 per cent in the last fiscal year from 78.4 per cent in the previous fiscal due to a delay in the implementation of the budget and a lengthy procurement process. Last year, Nepal observed a fiscal deficit of 0.2 per cent of the GDP. The ADB suggested that the government should make efforts to maintain fiscal sustainability by achieving its targets for public expenditure, revenue collection and policy reform. 49 Global Project Opportunities: October’2015 6.0 FORTHCOMING EVENTS FAIRS/EXHIBITIONS OVERSEAS VICB 2016 Vietnam International Construction & Building Exhibition Date: 6/14/2016 - 6/16/2016 Venue: Saigon Exhibition & Convention Center (SECC), Ho Chi Minh City, Vietnam Market platform to showcase products, equipment and technology for the following industries: - Construction and Building Equipment and Technology - Refrigeration, Air Conditioning, Heating and Ventilation System - Security System, Fire Protection Equipment and Technology - Lighting Equipment and Technology Contact: Daniel Yim Project Executive ____________________________ Top Repute Co. Ltd. Unit 2802, Shun Tak Centre, West Tower, Nos. 168-200, Connaught Rd. C., Hong Kong Tel: (852) 2851 8603 Fax: (852) 2851 8637 E-mail: daniel@top-repute.com 50 Global Project Opportunities: October’2015 Days & Timing: 06 - 08 May, 2016 10 AM TO 06 PM Venue:KICC,Nairobi, Kenya Buildexpo Africa is the only show with the widest range of the latest technology in construction machinery, building material machines, mining machines, construction vehicles and construction equipment. At the 19th edition of Buildexpo, East Africa’s largest building and construction fair, we bring you exhibitors from over 35 countries who are the finest in infrastructure development. Find what suits you best from about 14.3 million business prospects during the three-day event, with over 10,000 products, equipment and machinery on display across an expanse of more than 10,000 square metres. Last year’s event witnessed international pavilion participation from India, Turkey, China, Italy, Malaysia and Germany. For its latest edition, Buildexpo Africa has seen a 25 per cent increase in demand for participation from international and local industry players. Over the years, we have grown to cater to the demands not just of the Kenyan market, but of the whole region of East Africa. This mega expo is the ideal forum for international players to showcase their products and services to the huge market in Africa. We receive visitors from across East Africa, and trade visitors are invited directly and in collaboration with regional trade bodies in Kenya, Tanzania, Ethiopia, Uganda, Somalia, Mozambique and Congo. Kenya is certainly one of the biggest markets in Africa, but Buildexpo also lays strong emphasis on attracting traders and importers from neighbouring countries. According to the World Bank, infrastructure is the key to Africa’s economic turnaround and will play an even greater role in the continent’s continued development. Kenya, in particular, is making giant strides in infrastructure and urbanization, with demarcated economic zones, commercial and residential buildings, and resorts for tourists. The country’s infrastructure and construction industry value is expected to double between 2016 and 2020. There has already been a spike in the demand for building material and machinery. Contact: expo@expogr.com Expo Group Expogroup Estate NH-17, Porvorim Bardez, Goa, India Tel : + 91-832-6451777/666/555 Fax : + 91-832-2410771 51 Global Project Opportunities: October’2015 Project Iran 2016 The 2nd International Trade Exhibition for Construction Materials & Equipment & Environmental Technology Date: 4/24/2016 - 4/27/2016 Venue: Tehran Permanent Fairground, Tehran, Iran Please note ! All dates are subject to changes. Contact organizers for more information before making arrangements. Building on the success of its first edition that was held in 2015, Project Iran firmly established itself as a premier international platform for to open gates for International business to Iran's construction sector. Project Iran 2016, the 2nd International Trade Exhibition for Construction Materials, Equipment and Environmental Technology will be held at the Tehran Permanent Fairground to once again connect international expertise to the Iranian market, and contribute in shaping the tremendous potential of the country's promising construction sector. Website: http://project-iran.com/ Venues Tehran Permanent Fairground Dr. Chamran Highway, Tadjrish, Tehran Iran Tel: +98-21-21912960-62 http://en.iranfair.com/ Organizers IFP Lebanon IFP Bldg., 56th Street, Hazmieh, Beirut Lebanon Tel: +961-5-959111 http://www.ifpexpo.com/ 52 Global Project Opportunities: October’2015 52 BUILDAFRO 2016, International Trade Show on Building & Construction. The exhibition will be held in Conjunction with TRADE AFRICA 2016, from 18 – 20 March 2016, at Diamond Jubilee Hall , Dar-es-Salaam, Tanzania. BUILDAFRO 2016 provides a unique opportunity to expand your brand in one of the most astonishing business destinations in Africa. Tanzania has a huge potential for Building & Construction. The Exhibition attracts exhibitors from around 18 countries. http://www.mxmexhibitions.com/buildafro/ 53 Global Project Opportunities: October’2015 INDIA SOURCING FAIR, COLOMBO (SRI LANKA), DEC 2015 The India Trade Promotion Organisation (ITPO), a Public Sector Enterprise under the Ministry of Commerce will be organizing an exclusive multi product India Show i.e. India Sourcing Fair in Colombo (Sri Lanka) in the first fortnight of 2015. Indo- Sri Lankan mutual trade has been growing steadily The main objective of the fair is to help Indian companies capture the Sri Lankan market which is going in for massive sourcing of products and services from other countries after a prolonged period of internal strife. Sri Lanka at present is enjoying a period of peace and development and is going in for all round reconstruction. Market surveys have indicated that this is the most appropriate time for Indian companies/products and services to enter the Sri Lankan market to make their presence felt. The Fair will provide an opportunity for Sri Lankan industrialist and businesses to view the latest innovations, products and services offered by Indian companies. This exhibition will be an ideal networking platform for Indian companies to establish their presence in Sri Lanka. OBJECTIVES OF THE EVENT :• An opportunity for Indian Manufacturers and Suppliers to showcase their products and services to an evolving market • To facilitate market entry and buyer introduction to many new Indian companies interested in doing business in Sri Lanka • To be a one stop shop for Indian exporters, manufacturers and producers • To provide an opportunity for the Sri Lankan business community to witness first hand on what’s available in India • To provide an opportunity for small and medium scale exporters to showcase their products and services. The products on display will include: Engineering: Automobiles & Auto parts, Engineering Goods, Machine-tools, Hand-tools, Machinery & Equipment, Mining & Construction, Equipment, Medical Equipment & Disposables and infrastructure companies Textiles: Readymade Garments, Home Furnishings, Fabrics, Readymade garments & Accessories, Carpets, Handlooms, etc. Leather Goods: Shoes, Handbags, Garments, Accessories, etc. Chemicals & Pharmaceuticals Plastic & Rubber Product Sports Goods Tourism & Hospitality (Travel companies and Hotels etc.) Real Estate Industry The participation charge is likely to be fixed around Rs.8,000 per sq mtr.(approx. - subject to finalization) with a minimum bookable area of 9 sq mtrs and multiples of 3 sq mtrs thereafter. The rentals are being subsidized under the MAI scheme of the Ministry of Commerce, Government of India. 54 Global Project Opportunities: October’2015 In case your Organisation /company is interested in participation, please fill up the attached application form and forward the same along with a Demand draft of Rs.50,000/- drawn in favour of “India Trade Promotion Organisation” payable at Chennai at the address given below. V. Narayanan Senior Manager India Trade Promotion Organisation Raja Annamalai Building (2nd floor),72 Rukmani Lakshmipathi Road, Egmore,Chennai – 600 008. Tel : 044 - 28587297 India Sourcing Fair, Sri Lanka December,2015 After the success of first edition of MS Africa & Middle East - The International Trade Fair for Stone, Design, Technology, is now going to held again from 02-05 November 2015. The event is organized by Veronafiere (Organizer of Marmomacc) of Italy in cooperation with Artline and Expolink of Egypt. According to an article in the Marmomacchine magazine "Stone industry in the MENA region", India was the dominant trade partner of Egypt and supplied 96% of the stones imports in 2013. WHY EXHIBIT? Egypt enjoys a privileged geographical position for the role of hub for Africa and the Middle East; It has launched a series of major infrastructural development projects, such as the doubling of the Suez Canal; Has free trade agreements with many countries; Provides zero duty export opportunities; Has free trade agreement with Jordan, Morocco, Tunisia; Egypt ranks as a preferential trading partner with 18 other African countries; Many Egyptian firms are interested in joint ventures or business agreements with international partners seeking to operate in Egypt and, through Egypt, also in Africa and Maghreb precisely by taking advantage of the unique opportunities offered by the customs and fiscal regime. In case you are interested in participating, please write to us at international@lotusexhibitions.com or call the undersigned or Chandragupt Maury at 0124-4031793. 55 Global Project Opportunities: October’2015 Project Qatar 2016 Date: 2 – 5 May 2016 Opening Hours: 4:00 PM – 10:00 PM Daily Category: For Trade Only - Children under 16 are not allowed Venue: Qatar National Convention Centre (QNCC) Project Qatar 2016, the 13th International Construction Technology & Building Materials Exhibition, will be taking place at the Qatar National Convention Centre (QNCC), from 2 - 5 May. The event attracts key buyers and industry leaders looking for the most up-to-date technology and state-ofthe art equipment available on the market. Project Qatar is now established as Qatar’s most important exhibition for highlighting the latest products and services needed for Qatari’s fast growing construction sector and has become a destination of choice for regional and international industry professionals. The show provides a unique and dynamic platform for buyers and suppliers to make contacts and drive future developments in Qatar’s multi- billion construction sector. Exhibitors benefit from massive exposure to premier regional agents, dealers, buyers and distributors. After holding a successful 12th edition at the Qatar National Centre (QNCC), Project Qatar returns in 2016 to the state-of-the-art venue in order to continue offering exhibitors a new and improved experience with more advanced facilities and services across 41,500 square meters of exhibition space. The QNCC is located on Qatar Foundation’s 2,500-acre campus, which hosts faculties from worldrenowned universities such as Weill Cornell, Texas A&M, and Georgetown, as well as home-grown centers such as Sidra Medical and Research Center, Qatar Science & Technology Park, and Al Jazeera Children’s Channel. The Centre is purposely built to facilitate all types of events ranging from high-profile conferences and exhibitions to international theatrical productions. It is equipped with cutting edge technologies and equipment to stage world-class events. For more info, visit www.qatarconvention.com. Contact Details IFP Qatar (Member of IFP Group) Address: Ibn Seena Street, Al Muntazah Area, Doha, Qatar. Tel: +974 44329900Fax: +974 44432891 Email: info@ifpqatar.comWeb: www.ifpqatar.com 56 Global Project Opportunities: October’2015 Saudi Build: Date: 26 – 29 October 2015 Opening Times: 4:00 - 10:00 PM Venue: Riyadh International Convention & Exhibition Center (RICEC) Riyadh International Convention and Exhibition Center (RICEC) is a primary exhibition venue with state-of-the-art facilities and services including: • 20,000 SQM of exhibition space (15,000 SQM of indoor air-conditioned halls, 5,000 SQM of outdoor exhibition area) • Shipping offices, conference hall, VIP reception lounge, business and press centers, a restaurant and coffee shops • Parking capacity of 1,500 cars and buses with shuttle services able to accommodate 10,000 guests Saudi Build 2015, The 27th International Construction Technology & Building Materials Exhibition is the largest business to business construction fair in the Kingdom and provides contractors, real estate developers and building owners with a full range of building solutions and the opportunity to access the Saudi and regional construction markets under one roof. Saudi Build 2015 is held concurrently with Saudi PMV 2015 the 6th International Exhibition for Construction Equipment, Plant, Machinery & Vehicles, and withSaudi Stone-Tech 2015 the 18th International Trade Exhibition for Stone & Stone Technology, organized in collaboration with Veronafiere and Confindustria Marmomacchine (organizers of the famous Marmomacc show in Verona – Italy) a rich combination which serves to create more business opportunities. SAUDI BUILD 2014: Continuous Growth > 785 Exhibitors from 20 countries > 22, 984 Visitors > 26,000 sqm of exhibitor space > 15 National Pavilions Saudi Build Trade Show: UFI Certified Saudi Build is the only construction trade show in Saudi Arabia accredited by UFI, the Global Association of the Exhibition Industry. UFI grants certification to top-notch professional events managed by experienced organizers with proven track records in international exhibitions. 57 Global Project Opportunities: October’2015 For more information please contact: Customer Service Helpline If you have any questions regarding your participation in Saudi Build / Stone-Tech / The PMV Series’2015, call our dedicated Customer Service Helpline open from Sunday to Thursday 8:00 am 5:00 pm. Helpline Mr. Shahid M Bhatti Project Manager Tel: +966 11 229 5604 Ext 510 / +966 503 416 828 Fax: +966 11 229 5612 shahid.bhatti@recexpo.net International Sales Mr. Noel Puno Tel: +966 11 229 5604 Fax: +966 11 229 5612 Noel.Puno@recexpo.com Saudi Mega Projects Summit 2015 8 - 10 December 2015 | Major opportunities within the kingdom’s project pipeline and mega project programmes MEED’s Saudi Mega Projects Summit conference is the definitive event in Saudi Arabia for all those seeking opportunities in the Kingdom’s transportation, construction, housing and social infrastructure projects markets. With mega project growth forecasted at nearly $65 - $70bn for 2015, the Saudi Mega Transport & Infrastructure Projects conference is a unique opportunity to gain unprecedented insight and access into the biggest projects market in the Middle East. Date: 8 - 10 December 2015 Venue: Riyadh, Saudi Arabia Email/ phone: To register or download the brochure, visit: MEED Events Customer Service on +971(0)4 818 0217 or emailmeedevents@meed.com Gain access to the kingdom’s key government and private stakeholders. For more information call +971(0)4 818 0217 or emailmeedevents@meed.com. 58 Global Project Opportunities: October’2015 Oman Projects Forum 2015 26-28 October 2015 | Reviewing Oman’s project market and upcoming opportunities Oman Projects Forum 2015 is the largest gathering of decision makers from across the infrastructure and energy sectors including government representatives, developers, and consultants, offering you the opportunity to showcase your company’s abilities, develop new business contacts and maintain market share through gaining first-hand knowledge on upcoming projects and industry trends. Highlighting major developments across the Sultanate, valued at $87 billion for implementation within your long term business strategy, the conference allows you to stay ahead of the curve and align your organisation with leading project owners. The event will provide positioning to an engaged audience as a thought leader and profile your speaker as the industry expert, enabling debate to maximise brand recall. What’s new for 2015 Gain insight on 80% of Oman’s mega projects- Hear from major clients and client consultants as they discuss their long-term priorities and revised expenditures amidst the falling oil prices to help you plan your long-term business strategy Find out the updated scope and scale of opportunities across the infrastructure and energy sectors so you can understand the scale and scope of the projects to be awarded Additional networking opportunities through innovative conference formats meet new prospects and maintain market share with key clients driving the Sultanate’s projects market Date: 26 - 28 October 2015 Venue: Muscat, Oman Email/ phone: For more information contact visit www.omanprojectsforum.com or contact MEED Events Customer Service at meedevents@meed.com or call +971 (0)4 818 0224 To register or download the brochure, visit: To register for this event please call MEED Events Customer Service on +971(0)4 818 0217, email meedevents@meed.com or regisr online 59 Global Project Opportunities: October’2015 6.0 POLICY & PROCEDURES RBI/2015-16/177 A.P. (DIR Series) Circular No.14 September 16, 2015 To All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's GoI supported Line of Credit of USD 26.24 million to the Government of Republic of Nicaragua Export-Import Bank of India (Exim Bank) has entered into an Agreement dated March 25, 2015 with the Government of Republic of Nicaragua, for making available to the latter, a Government of India supported Line of Credit (LOC) of USD 26.24 million (USD Twenty Six million and Two Hundred and Forty Thousand) for financing building of Carlos Fonseca substation, 95 km transmission lines and expansion of three substations (Villa El Carmen, Las Colinas & San Rafael del Sur) in the Republic of Nicaragua. The goods, machinery, equipment and services including consultancy services from India for exports under this agreement are those which are eligible for export under the Foreign Trade Policy of the Government of India and whose purchase may be agreed to be financed by the Exim Bank under this agreement. Out of the total credit by Exim Bank under this agreement, the goods and services including consultancy services of the value of at least 75% of the contract price shall be supplied by the seller from India and the remaining 25% goods and services (other than consultancy services) may be procured by the seller for the purpose of the eligible contract from outside India. 2. The credit agreement under the LOC is effective from August 10, 2015 and the date of execution of agreement is March 25, 2015. The last date for opening of letters of credit and disbursement will be 48 months from the scheduled completion date of contract in the case of project exports and March 24, 2021 (72 months from the execution date of the credit agreement) in the case of other supply contracts. 3. Shipments under the LOC will have to be declared on EDF/ SDF Forms as per instructions issued by the Reserve Bank from time to time. 4. No agency commission is payable under the above LOC. However, if required, the exporter may use his own resources or utilize balances in his Exchange Earners’ Foreign Currency Account for payment of commission in free foreign exchange. Authorised Dealer Category- l (AD Category-l) banks may allow such remittance after realization of full payment of contract value subject to compliance with the prevailing instructions for payment of agency commission. 5. AD Category-I banks may bring the contents of this circular to the notice of their exporter constituents and advise them to obtain full details of the Line of Credit from the Exim Bank’s office at Centre One, Floor 21, World Trade Centre Complex, Cuffe Parade, Mumbai 400 005 or log on to www.eximbankindia.in. 6. The Directions contained in this circular have been issued under section 10(4) and 11(1) of the Foreign Exchange Management Act (FEMA), 1999 (42 of 1999) and are without prejudice to permissions / approvals, if any, required under any other law. Yours faithfully, (A. K. Pandey) Chief General Manager 60 Global Project Opportunities: October’2015 To be published in the Gazette of India Extraordinary Part-I, Section (I) Government of India Ministry of Commerce & Industry Department of Commerce Udyog Bhawan, New Delhi Public Notice 36 /2015-2020 Dated the 14 September, 2015 Subject: Operationalisation of modification in IEC – reg. The new format of online application form for issue/modification in IEC has been notified vide Public Notice No. 76 dated 27.11.2014. Subsequently online application for IEC was operationalised w.e.f. 01.02.2015 vide Public Notice. No.83 dated 30.01.2015. 2. Now, in exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy (20092014), the Director General of Foreign Trade hereby notifies operationalisation of modification in eIEC’s as well as the IEC’s issued in physical format from the 21st of September, 2015. 3. Applicants seeking modification in their IEC’s may log on to dgft.nic.in and click on Importer Exporter Code (IEC) under Quick Links and select “Modify your IEC” to amend their e-IEC’s and IEC’s in physical format. Henceforth all modifications in e-IEC’s/ IEC’s would be done online only. 4. The fees for modifications in e-IEC’s/IECs is Rs.200/- and fees can be paid online through net banking or through credit/debit cards. 5. Effect of this Public Notice: Modifications in Electronic IECs as well as physical IECs will now be carried out online. Applicants can seek modifications in their eIEC’s/ IEC’s by paying a fee of Rs.200/- online from the 21 st of September, 2015. (Anup Wadhawan) Director General of Foreign Trade E-Mail: dgft@nic.in [(F.No.01/93/180/20/AM-13/PC-2 (B)] 61 Global Project Opportunities: October’2015 TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY (PART – I SECTION – I) GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY DEPARTMENT OF COMMERCE PUBLIC NOTICE NO. 37 /2015-2020 NEW DELHI, DATED THE 21st September, 2015 Subject: Amendment in Para 2.63 of HBP, 2015-20. In exercise of powers conferred under Paragraph 2.04 of the Foreign Trade Policy, 2015-20, the Director General of Foreign Trade hereby amends the Para 2.63 (a) of Handbook of Procedures, 2015-20 as under: Existing Para 2.63 (a) of HBP, 2015-20 Revised Para 2.63 (a) of HBP, 2015-20 Import / export of exhibits, which are freely importable/exportable, including construction and decorative materials required for the temporary stands of foreign / Indian exhibitors at exhibitions, fair or similar show or display for a period of six months on re-export / re-import basis, shall be allowed without an Authorisation on submission of a bond/ security to Customs and ATA Carnet. Import / export of exhibits, which are freely importable/exportable, including construction and decorative materials required for the temporary stands of foreign / Indian exhibitors at exhibitions, fair or similar show or display for a period of six months on re-export / re-import basis, shall be allowed without an Authorisation on submission of a bond/ security to Customs or ATA Carnet. 2. Effect of this Public Notice: For temporary import / export of exhibits without Authorisation, the condition of submitting of both bond / security to Customs and ATA Carnet have been replaced by either bond / security to Customs or ATA Carnet. (Anup Wadhawan) Director General of Foreign Trade E – mail: dgft@nic.in [Issued from File No. 01/93/180/08/AM-16/PC-II (B)] 62 Global Project Opportunities: October’2015 9 PROJECT CONSTRUCTION ITEMS : OVERSEAS INQUIRIES Bathroom Fittings & Accessories Newise International Limited Importer of bathroom sinks. Address: 1/F, Kai Kwong Commercial Bldg Lockhart Road Wanchai, Wan Chai - 332334, China (Hong Kong S.A.R.) Phone: +(852)-(852)-25117008 Fax: +(852)-(852)-28917187 T. K. Interior Design & Decoration S/b Importers of bathroom accessories. Address: 750/D, Taman Ecorich Jalan Tanjung Batu, Bintulu - 97000, Malaysia Phone: +(6)-(86)-332729 Fax: +(6)-(86)-332729 Mobile / Cell Phone: +(6)-0138338430 Cixi Star Light Sanitary Ware Company Limited Buyers of shower. Address: Cang Tian Industrial Area, Changhe, Cixi, Ningbo - 315 326, China Phone: +(86)-(574)-63406416 / 63415898 Fax: +(86)-(574)-63409125 / 63415786 E-buy Radiators Direct Limited Buyers of bathroom fixture and fittings such as taps, showers, baths sinks etc. Address: 15, Longfield Avenue, Fareham - PO141DA, United Kingdom Phone: +(44)-(1329)-519465 Fax: +(44)-(1329)-519465 Aqua Tec Importers of spare parts for sink. Address: 25 Moaz Aldawla, Nser City Mkram Abeed, Cairo - 11241, Egypt Phone: +(2)-(2)-6708075 Fax: +(2)-(2)-2729651 Mobile / Cell Phone: +(2)-0020124595870 Roca Sanitario SA Importers of bathroom fittings and products. Address: Avda. Diagonal, 513, Barcelona - 08029, Spain Phone: +(34)-(93)-3661200 Curtiss AS. Importers of products related to bathroom. Address: Keramikkveien 32, Stavanger - 4032, Norway Phone: +(47)-(51)-800805 Plasztikform Kft Importers of stainless steel bathroom units. Address: Baross Utca 167, Budavrs - 2040, Hungary Phone: +(36)-(23)-423001 Fax: +(36)-(23)-423003 Samra Bath Center Engaged in importing of bathroom accessories, bathroom mirrors and bathroom other products. Address: 23, King George Street, Tel Aviv - 63290, Israel Phone: +(972)-(52)-4669609 Fax: +(972)-(3)-5273506 Plumb Crazy Buyers of all plumbing, bathroom, hardware products. Address: 100 Voortrekker Road, Salt River, Cape Town - 7925, South Africa Phone: +(27)-(21)-5117818 Fax: +(27)-(21)-5117873 Mobile / Cell Phone: +(27)-834634649 63 Global Project Opportunities: October’2015 Kudos Shower Products Limited Buyers of cotton bath and shower mats. Address: Elmsfield Park Holme Cumbria, Manchester - LA61RJ, United Kingdom Phone: +(44)-(1539)-564040 Fax: +(44)-(1539)-564141 Otari Ghana Limited Buyers of all types of bathroom fittings. Address: No.:10, Dadeban Loop, North Industrial Area, Accra, Ghana Phone: +(233)-(21)-237796 Fax: +(233)-(21)-237796 Mobile / Cell Phone: +(233)-24670780 Bellagio, Sarl Buyers of bathroom fitting. Address: Tabaris Square, Achrafieh, Beirut, Lebanon Phone: +(961)-(1)-204042 Importers of all kinds of bathroom fittings. Address: 20/25, North South Road, Siddique Bazar, Habib Market, 3rd Floor, Dhaka, Bangladesh Phone: +(880)-(2)-9566254 Fax: +(880)-(2)-9566254 Mobile / Cell Phone: +(880)-171536146 Microdata Associates Limited Buyers of bathroom accessories such as shower curtain, toothbrush holders etc. Address: 79, Roseville Road, Hayes, London - UB34QY, United Kingdom Phone: +(44)-(208)-5731391 Fax: +(44)-(790)-2098281 Mobile / Cell Phone: +(44)-7812339669 Swadesh Bidesh Buyers of bathroom accessories. Address: 64, Aziz Super Market, 1st Floor, Dhaka - 1000, Bangladesh Phone: +(880)-(2)-861025 Fax: +(880)-(2)-8613958 Mobile / Cell Phone: +(880)-11875686 Jash Technical Services Co. Limited Importers of bath accessories. Address: P. O. Box 173, Riyadh - 11411, Saudi Arabia Phone: +(966)-(1)-4767780 Fax: +(966)-(1)-4776662 Haider Limited Buyers of bathroom fittings. Address: 15 Hollinbank Lane, Lee - WF16 9NF, United Kingdom Phone: +(44)-(7979)-920555 Multitrade International Ltd. deals in bathroom fittings Address: Data General Building, 666 Gt South Rd., Ellerslie, P O Box : 62503, Central Park, Auckland, New Zealand Phone: +(64)-(9)-5259721 Fax: +(64)-(9)-5250471 64 Global Project Opportunities: October’2015 Construction Machinery Hire Station Limited Buyers of general construction machineries. Address: Fields Farm Road Long Eaton, Nottingham - NG103FZ, United Kingdom Phone: +(44)-(845)-6045337 Fax: +(44)-(845)-6688999 Mobile / Cell Phone: +(44)-7711958183 Go Industry A. S Buyers of construction equipments. Address: Sak R Kesebir Cad. 36/13, Balmumcu Besiktas, Istanbul - 80700, Turkey Phone: +(90)-(212)-2114348 Fax: +(90)-(212)-2114348 Hanmi International Company Limited Buyers of used construction equipments and spare parts. Address: #121-246, Dangsandong 6, Ga Youngdeungpogu, Seoul - 150 808, Korea Phone: +(82)-(2)-26755013 Fax: +(82)-(2)-26327883 Mobile / Cell Phone: +(82)-112815200 JB System Inc. Engaged in import of construction equipments such as excavators, bulldozers, wheel loaders, motor graders, cranes, road rollers, forklifts, dump trucks, concrete mixture trucks, garbage compactor trucks, generators. Also imports used ship, cargo etc. Address: No. 4-4-29, Nishi Sakado, Sakado-Shi - 350 0247, Japan Phone: +(81)-(492)-793455 Fax: +(81)-(492)-793456 Mobile / Cell Phone: +(81)-9034053162 Yabhana Group Importers of construction equipments. Address: 12, Dunchurch Crescent Sutton Coldfield, Birmingham - B73 6QN, United Kingdom Phone: +(44)-(7909)-526410 Halong Traseco Buyers of all types of construction machine. Address: 39 Le Lai Street, NGoquyen Dist Hai phong, Haiphong City - 10000, Vietnam Phone: +(84)-(31)-768412 Fax: +(84)-(31)-767638 Mobile / Cell Phone: +(84)-0903245444 J. L. International Limited, Partnership Buyers of machineries and raw material for construction industry. Address: No. 889, Thai C. C. Tower, Room No. 242, South Sathorn Road, Yanawa, Sathorn, Bangkok - 10120, Thailand Phone: +(66)-(2)-6723444 Mobile / Cell Phone: +(66)-896610896 Induztrial Toyz Corporation Buyers of road construction equipments. Address: 169, Forrest Drive, Sherwood Park - T8A6A9, Canada Phone: +(1)-(780)-9451161 Fax: +(1)-(780)-4493747 Precise Engineering Services Importers of construction equipment. Address: Plot 43, Oboja Road, Kampala - 19780, Uganda Phone: +(256)-(772)-742053 Fax: +(256)-(38)-400258 Birdi Civil Engineers Importers of construction plants. Address: P. O. Box 58223, Nairobi - 00010, Kenya Phone: +(254)-(20)-823620 Fax: +(254)-(20)-891017 65 Global Project Opportunities: October’2015 Dabaywa Trading & Contracting Co. Importer of construction equipment, construction materials and construction machineries etc Address: 2, W2, Mosque Street Ibnauf Suliman Building, Khartoum - 11111, Sudan Phone: +(249)-(9)-12953816 / 12843934 Alghanim International & General Trading Buyers of construction equipments. Address: Shuaikh, Behind Old Pepsi Company, Safat - 2118, Kuwait Phone: +(965)-(1)-804044 / 9149534 Fax: +(965)-(1)-4822490 Mobile / Cell Phone: +(965)-965789 Jepak Holdings Sdn Bhd Buyers of concrete mixer trucks and batching plants. Address: 76, C. F. Park, Jalan Tun Hussein Onn, Bintulu - 97000, Malaysia Phone: +(60)-(86)-333019 Fax: +(60)-(86)-332700 Lumbini Trade Centre Nepal Private Limited Importers of construction equipment Address: Trispureshore, K. K. M. Building Satdobato, Lalitpur - Na, Nepal Phone: +(977)-(1)-4260058 / 5524362 Fax: +(977)-(1)-4226711 Wahyu Mandiri Importers of all types of construction equipments. Address: Basuki Rahmat 56, Sumatera Selatan - 12430, Indonesia Phone: +(62)-(711)-421557 Mobile / Cell Phone: +(62)-8127132333 Door Knobs, Handles, Knockers, Stoppers & Other Door Hardware Kin Kei Hardware Industries Limited Importer of door closers, door handles, door hinges, door knob locks and door viewers. Address: Room 704, 7/F Eastern Centre, 1065 King's Road,, Tai Koo - .., China (Hong Kong S.A.R.) Phone: +(852)-(852)-25616788 Fax: +(852)-(.)-25639115 John Phillips Investments Limited Distributor and supplier of door locks and door closers. Address: 5, East Hill, London - HA9 9PT, United Kingdom Phone: +(44)-(20)-89049407 Emmanuella Consult Importers of door handle. Address: Plot 22, Victor Hugo Dakar, Dagana - 221, Senegal Phone: +(221)-(820)-12819 Fax: +(221)-(820)-45221 Anurasiri Furnitures Private Limited Importers of door pulls, hingers, cam locks, plywood etc. 66 Global Project Opportunities: October’2015 Address: 701/A, Peradeniya Road Mulgampola, Kandy, Sri Lanka Phone: +(94)-(81)-2228173 Fax: +(94)-(81)-2233279 Newise International Limited Importers of door closers, door handles and door hinges. Address: 1/F, Kai Kwong Commercial Building, 332-334 Lockhart Road, Wanchai - ., China (Hong Kong S.A.R.) Phone: +(852)-(852)-25117008 Fax: +(852)-(852)-28917187 Willimco Buyer of door, door lock, door handles, etc. Address: 22, Watson Street, Aberdeen - 4850, United Kingdom Phone: +(44)-(7)-20482314 Fax: +(44)-(7)-23547563 Jazco Company Importers of door knnobs and knobs products. Address: Banani Road -5, Block F , House No. 88 Third Floor, Dhaka - 1206, Bangladesh Phone: +(880)-(12)-8824395 Kin Kei Hardware Industries Limited Importer of door closers, door handles, door hinges, door knob locks and door viewers. Address: Room 704, 7/F Eastern Centre, 1065 King's Road,, Tai Koo - .., China (Hong Kong S.A.R.) Phone: +(852)-(852)-25616788 Fax: +(852)-(.)-25639115 John Phillips Investments Limited Distributor and supplier of door locks and door closers. Address: 5, East Hill, London - HA9 9PT, United Kingdom Phone: +(44)-(20)-89049407 Emmanuella Consult Importers of door handle. Address: Plot 22, Victor Hugo Dakar, Dagana - 221, Senegal Phone: +(221)-(820)-12819 Fax: +(221)-(820)-45221 General Building Hardware Traders Chifley Exim Australia Importers and distributors of builder's hardware in brass, steel, iron and few products of general merchandise. Address: 2, St.Martins Crt., Wantirna South, Melbourne - 3152, Australia Phone: +(61)-(3)-98010799 Fax: +(61)-(3)-98005798 Maroc Motif Buyers of building hardware. Address: 22, Rue Ennarjisse Benjdia, Casablanca Maroc - 20000, Morocco Phone: +(212)-(2)-2225702 Fax: +(212)-(2)-2225716 Rajabdeen & Sons Limited 67 Global Project Opportunities: October’2015 Importers of builders hardware. Address: 192, Nawala Road, Colombo - 5, Sri Lanka Phone: +(94)-(11)-2807500/2807500 Fax: +(94)-(11)-2807500 Vijay Hardware Buyers of building hardwares. Address: Algoz Industrial Area No. 3, Dubai - 41396, United Arab Emirates Phone: +(971)-(4)-3479200 Fax: +(971)-(4)-3479733 Allu Metal Maghrebin Buyers of various builder hardwares. Address: 40-44, Rue Abou, Amrane Al Fassi, Casablanca - 20100, Morocco Phone: +(212)-(22)-981058 Fax: +(212)-(22)-981055 Indenza Limited Buyers of builders hardware. Address: 142 Westchester Dr, Wellington - 6004, New Zealand Phone: +(64)-(4)-477 3555 J. Hassanali Hardware Store Buyers of building hardware. Address: P O Box 1485, Daressalaam - , Tanzania Phone: +(255)-(22)-2115793 Fax: +(255)-(22)-2130341 Almacen El Arquitecto Buyers of builders hardware accessories. Address: Cra 42, No. 75-83, Local 148, Itagui, Colombia Phone: +(57)-(4)-3741718 Fax: +(57)-(4)-3741718 The Stanley Works Buyers of builder hardware. Address: 3F, 338 Wen Lin Road, Taipei - 111, Taiwan Phone: +(886)-(2)-81451465 Granite, Marble, Sandstone & Slate Stone Copro Group Importers of all types of marbles. Address: Kosuyolu Mah. D. Blok, Daire No. 4 Emlakbankas, Istanbul - 34000, Turkey Phone: +(90)-(532)-2401125 Shirkooh Yazd Tile Importers of all types of ceramic and tiles. Address: Apartment 1, 9th Floor, Mellat Tower, Vali Asr Street, Tehran - Na, Iran Phone: +(98)-(21)-88784678 Fax: +(98)-(21)-88784678 Quang Dieu Co. Limited Importers of marble, granite, sandstone, slate etc. Address: 364, Cong Hoa Street, Etown Building, Ho Chi Minh, Vietnam Phone: +(84)-(88)-8122606 Fax: +(84)-(88)-8122282 Mobile / Cell Phone: +(84)-8918319699 68 Global Project Opportunities: October’2015 Avner Mart Import Export Buyers of marble. Address: 1, HaDror, Kiryat-Ono - 55602, Israel Phone: +(972)-(50)-590488 Al-Murad Tiles Buyers of marbles and granites. Address: Howley Park Road East Morley Leeds West Yorkshire, Leeds - LS27OBN, United Kingdom Phone: +(44)-(1132)-537766 Fax: +(44)-(1132)-537766 Fujian Nanan Lian Feng Mei Stone Co. Ltd. Importers of marble. Address: Pushan Industrial Area, Shuitou Town, Nanan, Fujin - 362342, China Phone: +(86)-(595)-86989553 Fax: +(86)-(595)-86909553 Balography Nig Limited Engaged in importing of granite. Address: Omoh 20 Funsho Kinoshi Street , Avenue B Stop, Okota Ago, Palace Way, Lagos - ., Nigeria Phone: +(234)-(709)-313766 Mobile / Cell Phone: +(234)-8086797706 Excellence Integrated Solutions Importers of limestone. Address: Old Mazda Road, Fabric Care Building, 203, Abu Dhabi - 52596, United Arab Emirates Phone: +(971)-(2)-6711197 Fax: +(971)-(2)-6711158 Mobile / Cell Phone: +(971)-506421157 Maha Co. Importers of marble, granite, limestone, onyx etc. Address: # 34, No.3, Golfam Building, Golfam Street, Africa Ave,, Tehran - 0098, Iran Phone: +(980)-(21)-22020251 / 22055860 Fax: +(980)-(21)-22055860 Mobile / Cell Phone: +(980)-9121271665 Xiamen Yueyang Stone Company Limited Importers of importing rough granite blocks. Address: Unit 7b, Bldg A, Baolong Center, No. 297, Jiahe Road, Xiame, Xiamen - 361 012, China Phone: +(86)-(592)-5328291 Entity Holdings Private Limited Importers of gypsum boards. Address: 410/3, Bauddhaloka Mawatha, Colombo - 7000, Sri Lanka Phone: +(94)-(11)-4737828 Fax: +(94)-(11)-5362588 Mobile / Cell Phone: +(94)-777667657 Charcon Specialist Products Importers of granites. Address: Marions Way, Coventry Road, Leicester - LE9 3GP, United Kingdom Phone: +(44)-(1455)-288241 Fax: +(44)-(1455)-285284 Taj Trading Buyers of marble. Address: 17, Buxton Avenue, Oranjezicht, Cape Town - 8001, South Africa Phone: +(27)-(21)-4231505 Fax: +(27)-(21)-4231505 Mobile / Cell Phone: +(27)-824549383 69 Global Project Opportunities: October’2015 Pipe Fittings & Tube Fittings G Rgenler AS Importers of seamless pipes. Address: No. 1, Organize Sanayi, Bolgesi Avar, CAD. No. 4, Ankara - 06935, Turkey Phone: +(90)-(312)-2670969 Fax: +(90)-(312)-2670881 Comdo Italia SRL Buyers of iron pipes for bed mechanisms. Address: Via Dell Orzo 53/55/57, Z. I., Altamura - 70022, Italy Phone: +(39)-(80)-3101078 Fax: +(39)-(80)-3103449 Al Aswar Technology Group Co. Buyers of ductile pipes. Address: Farhan Building, Fadala Street Block No.11,Salmiya, P.O. Box 6213, Hawalli - 32037, Kuwait Phone: +(965)-(2)-5629205 Fax: +(965)-(2)-5628176 Sag Stahl GmbH Importers of steel pipes. Address: Ruetersbarg, 48, Hamburg - 22529, Germany Phone: +(49)-(40)-6447077 Fax: +(49)-(40)-64428490 S. K. F. Corporation Limited Buyers of pipes. Address: 300/4, Hatirpool, Dhaka - 1215, Bangladesh Phone: +(880)-(2)-8620274 Viking Cives Limited Buyers of steel flange beams. Address: RR#4 Norpark Drive, Mount Forest - N0H 2k0, Canada Phone: +(1)-(519)-3234433 Fax: +(1)-(519)-3234608 Technical Oilfield Supplies Centre Importers of all types of pipes, tube fittings, flanges, expansion joints etc. Address: Post Box No. 2647, Abu Dhabi - 2647, United Arab Emirates Phone: +(971)-(2)-6734042 Fax: +(971)-(2)-6734041 Mobile / Cell Phone: +(971)-507514327 I. B. N. Al Nafees General Trading Establishment Importers of used steel pipes type F51, ST52, external dia 168 mm, 20mm wallthick, 6 m long, seamless or welded etc. Address: P. O. Box 61835, Dubai - 971, United Arab Emirates Phone: +(971)-(4)-2850500 Fax: +(971)-(4)-2855782 Mobile / Cell Phone: +(971)-504577100 Egypipe Buyers of all types of hdpe pipes. Address: 157 Al Harm St Giza, Cairo - 12556, Egypt Phone: +(20)-(48)-600098 Fax: +(20)-(48)-600819 Hakan Plastic Buyers of pvc, pprc, pe pipes and fittings. Address: Organize Sanayi Bolgesi Gaziosmanpasa Mah. Istiklal Cad, Cerkezkoy - 59500, Turkey Phone: +(90)-(282)-7266443 Fax: +(90)-(282)-7269467 Mobile / Cell Phone: +(90)-5334738964 Handal Mandiri 70 Global Project Opportunities: October’2015 Buyers of steel pipes. Address: Jl. DI. Panjaitan, Gang Sederhana No. 01, Balikpapan - 76123, Indonesia Phone: +(62)-(542)-423315 Fax: +(62)-(542)-420537 Mobile / Cell Phone: +(62)-811-547493 Esmil Trading Buyers of pipes, solid bar and fittings. Address: P.O. Box 129, 8500 Ac Joure, Heerenveen - 8500AC, The Netherlands Phone: +(31)-(513)-528810 Fax: +(31)-(513)-528842 Kwan Hing Metal Manufacturing Co. Limited Buyers of pipes. Address: Unit 2713A, 27/F., Asia Trade Center, 79 Lei Muk Road, Kwai Chung - Na, China (Hong Kong S.A.R.) Phone: +(852)-24211322 Fax: +(852)-24215322 Raj Arab International Buyers of pipes and pipe fittings. Address: Flat No. 3, 79 Hussein Street, Mohandesein, Cairo, Egypt Phone: +(20)-(2)-7495194 Fax: +(20)-(2)-7495194 Mobile / Cell Phone: +(20)-122388564 A Tech Comapny Importers of titanium plated stainless steel pipes. Address: A-919, Sam Ho Building, #275-1, YangJae-Dong, SeoCho-Ku, Seoul - 137 941, Korea Phone: +(82)-(2)-5537555 Tig Group Importers of pe pipes. Address: Botelkamp 38, Hamburg - D-22529, Germany Phone: +(49)-(40)-790000 / 245117 Fax: +(49)-(40)-790099 Buyers of pvc pipes and fittings. Address: No. 10, Jasmine Street, Ubalde Village, Agdao, Davao City - 8000, Philippines Phone: +(63)-(82)-2349855 Fax: +(63)-(82)-3008865 Mobile / Cell Phone: +(63)-9177020147 Viking Johnson Buyers of pipe couplings. Address: 46-48 Wilbury Way, Hitchin, Hertford - SG40UD, United Kingdom Phone: +(44)-(1462)-443322 Fax: +(44)-(1462)-443311 S. S. Trade Link International Private Limtied Buyers of steel pipe, steel pipe fittings, upvc pipe fittings. Address: 11, Haji Osman Goni Road, Dhaka - 1000, Bangladesh Phone: +(880)-(2)-9554805 / 7164364 Fax: +(880)-(2)-9554755 / 7164362 Mobile / Cell Phone: +(880)-11846662 Decor Limited Importers of stainless steel pipes. Address: St Riznikovski, 1 A, Kharkov - 61025, Ukraine Phone: +(380)-(57)-7122037 Fax: +(380)-(57)-7102239 Mobile / Cell Phone: +(380)-506306686 Mahmoud For Trading Pipes & Fittings Importres of pipes and fittings. 71 Global Project Opportunities: October’2015 Address: 14 El Sayegh St El Sabteya Ramsis,cairo,egypt, Al Q�Hirah - 11111, Egypt Phone: +(2)-(2)-5775321 Mobile / Cell Phone: +(2)-102828362 Wall & Floor Tiles Associated Industries, UK Buyers of flooring products etc. Address: 9, Norfolk Road, Industrial Estate, Gravesend - DA122PS, United Kingdom Phone: +(44)-(1474)-328111 Fax: +(44)-(1474)-328222 Potent Solutions Buyers of tiles. Address: 14, Twynyrefail Place, Gwaun Cae Gurwen, Ammanford - SA181HY, United Kingdom Phone: +(44)-(1269)-823039 Fax: +(44)-(1269)-823039 Venetto Ceramicas Importers of tiles. Address: 145/1, Green Road., Dhaka - 1205, Bangladesh Phone: +(88)-(2)-9144949 Fax: +(88)-(2)-8314400 Mobile / Cell Phone: +(88)-171037609 Sikder Trading International Importers of all kinds of tiles. Address: 1613, Hamzarbag Colony, Muradpur, Chittagong, Bangladesh Phone: +(880)-(31)-682127 Fax: +(880)-(31)-655711 Mobile / Cell Phone: +(880)-0176328881 Indi - Stone Design Buyers of dimensioned stone. Address: 681, Timboon - Colac Road, Scotts Creek - 3267, Australia Phone: +(61)-(3)-55959206 Fax: +(61)-(3)-55959206 Mobile / Cell Phone: +(61)-4005763758 Moods Fine Furniture Co. Buyers of tiles. Address: Killymitten, Ballinamallard, Enniskillen - BT942FW, United Kingdom Phone: +(44)-(28)-6638882 Fax: +(44)-(28)-66388881 Steel City Renovation & Engineeering Sdn Bhd Buyers of tiles. Address: Plot 41, Elseidale Estate, Mount Erskine - 10470, Malaysia Phone: +(60)-(4)-8909594 Mohammed Osman Ahmed Al Fattani Estate Buyers of all kinds of stone tiles, multi colored tiles, white tiles, kitchen wall tiles, decorative wall tiles etc. Address: Al Dahab, Behind Atlas Hotel,, Jeddah - 21425, Saudi Arabia Phone: +(966)-(2)-6458316 / 6420491 Fax: +(966)-(2)-6458308 Mobile / Cell Phone: +(966)-966505506286 Rosean Company Limited Buyers of ceramic tiles. Address: 15-3 Doida, Matsuyama - 790-0056, Kenya Phone: +(81)-(89)-9311700 Fax: +(81)-(89)-9311703 Mobile / Cell Phone: +(81)-60-12-3190414 72 Global Project Opportunities: October’2015 Dennis Plink Builder Pty Limited Importers of building products like tiles and ceramics. Address: P. O. Box 247, Blackheath - 2785, Australia Phone: +(61)-(2)-63552003 Mobile / Cell Phone: +(61)-414 825711 Wood Floorings, Timber, Plywood & Laminates Al Bahjah Buyers of plywood. Address: Karama, Bur Dubai, Dubai - 34633, United Arab Emirates Phone: +(971)-(50)-6760089 Rudwan Workshop Buyers of meranti, mahagany and teak wood. Address: A'amran Street, Sana'A - 326, Yemen Phone: +(967)-(1)-325224 Fax: +(967)-(1)-325224 Mobile / Cell Phone: +(967)-71124009 Phiali Company Importers of high pressure laminates. Address: No. 61-3, Houhu Rd., Linkou Shiang, Taipei Hsien, Taipei - 244, Taiwan Phone: +(886)-(2)-2603493 Fax: +(886)-(2)-26034954 E Corner Buyers of sawn timber. Address: No. 54, Jalan S.P. 1/5 Taman Saujana, Puchong - 47100, Malaysia Phone: +(60)-(3)-80602095 Mobile / Cell Phone: +(60)-60123815330 Rimaju (Asia Pacific) Sdn. Bhd. Importers of unfinished and prefinished t & g timber floorings, laminated timber floorings etc. Address: Lot 14, 1st Floor, Kolam Centre, Jalan Lintas, Luyang, Kota Kinabalu - 88300, Malaysia Phone: +(60)-(88)-232551 Fax: +(60)-(88)-211313 Vivek Industries Limited Buyers of plywood. Address: Mombasa Road, Nairobi, Kenya Phone: +(254)-(20)-531783 Fax: +(254)-(20)-531587 Mobile / Cell Phone: +(254)-733311335 Shree Shivshakti Hardware And Sanitary Suppliers Freight Link International Co. Limited Importer of commercial dbbcc plywood, mdf radiata pine planks and pine plywood. Address: SIR VIRGIL NAZ STREET, Port Louis - NIL, Mauritius Phone: +(230)-(233)-0101 Fax: +(230)-(211)-5410 Laidebao Furniture Company Limited Buyers of woods, logs etc. Address: Chumen Section, Sci-Tech Industrial, Yuhuan - 317 605, China Phone: +(86)-(576)-7427356 Fax: +(86)-(576)-7427358 Mobile / Cell Phone: +(86)-8613566859068 73 Global Project Opportunities: October’2015 10.0 PEPC : WORKING COMMITTEE MEMBERS-2014-15 CHAIRMAN Shri Rajan Malhotra Regional Manager Larsen & Toubro Ltd. IFCI Towers, 14th Floor 61, Nehru Place New Delhi: 110019 VICE CHAIRMAN Shri Arun Karambelkar President & Whole Time Director Hindustan Construction Co. Ltd. Hincon House Lal Bhadur Shastri Marg Vikhroli (West), Mumbai-400 083 MEMBERS : WORKING COMMITTEE Shri V.C. Verma Director Oriental Structural Engineers Pvt. Ltd 21, Commercial Complex Malcha Marg New Delhi 110 021. Shri R.K. Goel Managing Director U.P. Rajkiya Nirman Nigam Ltd. Vishweshwariya Bhawan Gomto Nagar Lucknow-226010 Shri Alok Garg, Executive Director (Building & Airports), RITES Limited RITES Office Complex, Plot No. 1 Sector -29, Gurgaon - 122001 Shri Mohan Dass Saini CEO (Construction Division) Shapoorji Pallonji & Co. Ltd. SP Centre 41/44 Minoo Desai Marg Colaba, Mumbai: 400005 Shri Pankaj Goyal Chief Financial Officer Angelique International Limited 104-107, 1st Floor Hemkunt Tower 98 Nehru Place New Delhi-110019 S Shri Sandip Baran Das Vice President Simplex Infrastructures Limited 27, Shakespeare Sarani Kolkatta Shri Ashutosh Jagga General Manager Technofab Engineering Ltd. Plot No.5 Sector 27 C Mathura Road Faridabad: 121003 INSTITUTIONS Ms. Margaret Gante Director Department of Commerce Ministry of Commerce & Industry,Govt. Of India Udyog Bhawan New Delhi- 110 011 74 Global Project Opportunities: October’2015 Shri Nag Raj Naidu Director (ITP) Ministry of External Affairs Jawahar Lal Nehru Bhawan, Janpath New Delhi - 110003 Shri Sunil Joshi DGM & BM, ECGC of India Ltd., Project Export Branch The Metropolitan (7th Floor), Plot No. C26/27, Bandra Kurla Complex Mumbai-400051 Shri Sriram Subramaniam Dy. General Manager Exim Bank Of India Ground Floor, Statesman House 148 Barakhamba Road New Delhi 110001 23326625, 23326254, 233221622, 23321742, 23721393Extn.211 Fax: 23321719, 23322758 E-Mail: Eximnd@Vsnl.Com EX-OFFICIO MEMBER SECRETARY Ms. Margaret Gante Director Deptt.of Commerce & Executive Director Project Exports Promotion Council Of India 75 Global Project Opportunities: October’2015 11.0 UPDATE P. E.P.C. PROJECT EXPORTS PROMOTION COUNCIL OF INDIA (PEPC) India is a country with large and diverse infrastructure sector. The Government of India recognized the imperative need for the infrastructure sector and takes several initiatives like Committee of Infrastructure, National Highway Development Project (NHDP), National Maritime Development Programme (NMDP), Tax Holidays etc for the development and promotion of the sector. In the recent years, there has been several improvements in sectors like roads & highways, ports, railways and airports, the policy and regulatory framework is already in place and investment in infrastructure has risen considerably however there are still significant gaps that need to be bridged. With a view to create a platform for all the stakeholders and for the conclusive growth & development of the Infrastructure sector, PEPC works with the Central and Foreign Governments, National & International development organizations like World Bank, Asian Development Bank etc, Government Agencies, and various other stakeholders to promote the Project exports. PEPC discusses policy, regulatory and procedural issues with its members, industry experts etc. and advice appropriate reforms to the government for the development of the project exports. For making conducive business environment PEPC highlights encumbrances being faced by the industry players in the process of development of the sector and interacts with various national / international agencies for making feasible measures to overcome those encumbrances. PEPC supports the Government in its efforts towards projecting the project exports. It act as a reference point for investors (Domestic & International) interested in the sector and provide information related to government guidelines, investment opportunities, government & development agencies (which are involved in the development process of the sector). For promotion of the sector PEPC works proactively and suggests necessary procedures during the process of policy formation, budgetary allocation, forming legal framework etc. by the government. To maintain smooth progress PEPC also insist government to make essential provision for timely upgradation of the policies on the basis of regular feedback from its members and industry players. PEPC organizes several investment promotion programmes, conferences, seminars, workshops, etc on regular basis for facilitating interaction between various government agencies, international bodies, industry players and its members that provide prospects to raises issues pertaining to the sector and exchange ideas. These networking events provide a platform to share thoughts, explore business opportunities among the varied stakeholders of the project sector. These measures help to analyse the present developments and identifies the ways to overcome the constraint of the sector. PROJECT EXPORTS Project Exports from India commenced with a modest beginning in the late 1970s. Since then, project exports have evolved over the years, with Indian companies demonstrating capabilities and expertise spanning a wide range of sectors. The nature of Project Exports being undertaken reflects the technological maturity and industrial capabilities in the country. Project exports are broadly divided into four categories: Civil construction Turnkey modules Consultancy services Supplies, primarily of capital goods and industrial manufactures Each of the above are explained here: 76 Global Project Opportunities: October’2015 Civil construction projects Construction projects involve civil works, steel structural work, erection of utility equipment and include projects for building dams, bridges, airports, railway lines, roads and bridges, apartments, office complexes, hospitals, hotels, and desalination plants. Turnkey projects Turnkey projects involve supply of equipment along with related services and cover activities from the conception stage to the commissioning of a project. Typical examples of turnkey projects are: supply, erection and commissioning of boilers, power plants, transmission lines, sub-stations, plants for manufacture of cement, sugar, textiles and chemicals. Consultancy services Services contracts, involving provision of know-how, skills, personnel and training are categorised as consultancy projects. Typical examples of services contracts are: project implementation services, management contracts for industrial plants, hospitals, hotels, oil exploration, charter hire of rigs and locomotives, supervision of erection of plants, CAD/ CAM solutions in software exports, finance and accounting systems. Supply contracts Supply contracts involve primarily export of capital goods and industrial manufactures. Typical examples of supply contracts are: supply of stainless steel slabs and ferrochrome manufacturing equipments, diesel generators, pumps and compressors. Project export contracts are generally of high value and exporters undertaking them are required to offer competitive credit terms to be able to secure orders from foreign buyers in the face of stiff international competition. Exim Bank plays a pivotal role in promoting and financing Indian companies in the execution of projects. It has been closely associated with the growth of project exports from India by way of providing finance, information and business advisory services. The bank supports Indian companies at all stages of the project cycle from advance tender information, guidance in preparation of competitive bids to providing financial facilities, including loans and guarantees. It extends funded and non-funded facilities for overseas industrial turnkey projects, civil construction contracts, as well as technical and consultancy service contracts. Exim Bank has in place a specialised cell to provide advance information to Indian companies on projects being funded by multilateral funding agencies in various countries. Over the past two decades, increasing number of projects have been executed by Indian companies in North Africa, West Asia, South & South East Asia, CIS and Latin America. Project Exports as defined in para 252-260 of Foreign Trade Policy Statement 2015-2020 Quote: “Project Exports 252. Project exports are broadly defined as exports of such goods and services where the export receipts are allowed to be staggered (in conformity with RBI guidelines) over a period of more than twelve months. This is largely to reflect that the export transaction is not a one-off single transaction but represents certain goods, construction and service activities, where the payment receipts are staggered in line with the project components / execution. 253. The full value of project exports is not captured under any single aggregate classification. However, as per data maintained by the Project Export Promotion Council, its members’ project exports orders have increased from USD 1.7 billion in 2012-13 to USD 4.4 billion in 2013-14. This increase of 162 percent is indicative of the strong potential which exists for India to aggressively increase its world trade market share in project exports. 254. Since project export contract earnings range over one year to five years, such export orders also impart stability to the export earnings of the country. India’s current project export contracts are estimated at around USD 5 billion. It is estimated that project exports from India can be boosted to at least USD 25 billion 56 per annum within a time frame of five to seven years. The 77 Global Project Opportunities: October’2015 main markets for India’s project exports are expected to be in Africa, Middle-East countries, SAARC and ASEAN countries, Central Asian Republics in CIS. These are the emerging markets which have high infrastructure needs. 255. Such projects, while helping the recipient countries to bridge their infrastructure gaps also help India’s exports of goods and services. They help to build a long term relationship of the target country with India and its project export entities. India’s entry into high value project exports will also impart high brand visibility in the target countries. Besides the specific brand visibility, India’s general branding is also promoted as a country which can export hi-tech and high value projects. Such branding and visibility facilitates easier acceptance of other products exported by India to such markets. Long term business relationships also develop in supplies of replaceable components and spare parts, annual maintenance and servicing contracts, upgradation of project technology, etc. Repeat orders become easier, as the countries gain experience and confidence in Indian project export entities. They also exhibit India’s cost competitiveness while at the same time maintaining internationally comparable quality standards. 256. Project exports can be boosted through opening of special lines of credit and also provision of cheap lines of credit through buyer credit mechanism. Concessional lines of credit are generally extended through the Ministry of External Affairs, where diplomatic considerations also matter for offering such lines of credit. The Buyers’ Credit Scheme being offered by the Department of Commerce through Exim Bank of India aims at enhancing Indian exports to select countries. 257. Many Indian companies in both the private and public sectors have, over the years, developed considerable expertise in executing project export contracts in diverse areas such as railway sector, power sector, roads and bridges, drinking water supply schemes, irrigation projects, construction of oil and gas pipelines, construction of electricity grids, hydro power projects, airport construction etc. 258. For boosting project exports, the Department of Commerce has set up the National Export Insurance Account (NEIA). Essentially, the Account helps to cover project export risks which cannot be fully covered by the Export Credit Guarantee Corporation (ECGC). 259. In tandem with EXIM Bank of India and ECGC, the NEIA is also now being used to selectively offer a Buyers’ Credit Cover for project exports. This enables EXIM Bank to offer co-financing for project exports from India to target countries in South Asia, Africa, CIS and others. 260. While buyers credit cover has brought in major encouragement for project exports, the cost of capital remains very high in India. An effort was made towards setting up an interest equalisation scheme under the Market Access Initiative scheme of the Department of Commerce but it did not materialise due to financial resource constraints. Since project export is recognized as an important element of this policy, renewed efforts will be made to seek allocation of resources for such a scheme.” Unquote 78 Global Project Opportunities: October’2015 12.0 EXPORT PROMOTION SCHEMES (FINANCIAL ASSISTANCE) MARKET DEVEVELOPMENT ASSISTANCE Under this scheme assistance is given to individual exporters for participation in following export promotion activities abroad Trade Delegations BSMs Trade Fairs/Exhibitions The details of scheme is given as ANNEXURE-I. MARKET ACCESS INITIATIVE (MAI) The scheme is formulated on focus product- focus country approach to evolve specific strategy for specific market and specific product through market studies/survey. Assistance would be provide to Export Promotion Organizations/ Trade Promotion Organizations / Exporters etc. for enhancement of export through accessing new markets or through increasing the share in the existing markets. Under the Scheme the level of assistance for each eligible activities has been fixed. The following activities will be eligible for financial assistance under the Scheme : Research studies consistent with the priorities; WTO Studies for evolving WTO compatible strategy; To support EPCs/Trade Promotion Organistions in undertaking market studies/survey for evolving proper strategies. To support marketing projects abroad based on focus product - focus country approach. Under marketing projects, the following activities will be funded: o o o o o o o o o o o o Opening of Showrooms Opening of Warehouses Display in international departmental stores Publicity Campaign and Brand Promotion Participation in Trade Fairs, etc., abroad Research and Product Development Reverse visits of the prominent buyers etc. from the project focus countries Export Potential Survey of the States; Registration charges for product registration abroad for pharmaceuticals, biotechnology and agro-chemicals; Testing charges for engineering products abroad; To support Cottage and handicrafts units; To support Recognized associations in industrial clusters for marketing abroad The details of schemes are given as ANNEXURE-II. 79 Global Project Opportunities: October’2015 13.0 FINANCIAL ASSISTANCE There is no specific scheme to promote the exporting firms in the country. However, some assistance is provided to exporters under Marketing Development Assistance (MDA) Scheme and Market Access Initiative (MAI) Scheme. Other schemes for export promotion include Duty Neutralisation Schemes like DEPB, Advance Licence, duty concession schemes like EPCG and Reward Schemes like Served from India, Vishesh Krishi and Gram Udyog Yojana, Focus Market Scheme and Focus Product Scheme. These schemes are reviewed periodically and necessary corrective measures are taken. ANNEXURE-I 4.1 MARKET DEVELOPMENT ASSISTANCE (MDA) SCHEME EXPORT PROMOTION ASSISTANCE GIVEN BY GOVERNMENT The Government of India encourages Indian project/product exporters by providing financial assistance under the following export promotion assistance schemes: a. Market Development Assistance (MDA) Scheme b. Scheme for Export Promotion by Small Scale Manufacturers c. Market Access Initiative (MAI) Scheme MARKET DEVELOPMENT ASSISTANCE (MDA) SCHEME Under this scheme assistance is given to individual exporters for participation in following export promotion activities abroad Trade Delegations BSMs Trade Fairs/Exhibitions Eligibility Criteria/Conditions (i) Exporting companies with an f.o.b. value of exports of upto Rs. 30 crore in the preceding year. No such ceiling is applicable for participation in Focus LAC region. (ii) The exporter should have complete 12 months membership with concerned EPC etc (iii) Assistance would be permissible on travel expenses by air, in economy excursion class fair and/or charges of the built up furnished stall. This would, however, be subject to an upper ceiling mentioned in the table per tour. S No. (1) Area/Sector (2) No. of visits (3) 1. Focus LAC 1 Maximum Financial ceiling per event (4) Rs. 2,50,000 2. 1 Rs. 2,00,000 3. FOCUS AFRICA ( including WANA Countries) FOCUS CIS 1 Rs. 2,00,000 4. FOCUS ASEAN+2 1 Rs. 2,00,000 5. General Areas 1 Rs. 1,50,000* TOTAL 5 80 Global Project Opportunities: October’2015 SCHEME FOR EXPORT PROMOTION BY SMALL SCALE MANUFACTURERS There is a separate scheme designated as Marketing Development Assistance for SSI Exporters meant to encourage small scale manufacture exporters along the following lines: (A) Exporters eligible for assistance: (i) Exporting unit must be registered as SSI / SSSBE. (ii) Exporting unit must be a member of FIEO / EPC. (iii) Exporting units with aggregate exports of Rs. 2 crores and above over the last three financial years (Rs. 1 crore for ISO 9000 certified exporters) are eligible for assistance from the Ministry of Commerce & Industry through EPCs/other grantee organisations. SSI units with aggregate exports less than this limit would now be eligible for direct assistance from the Office of DC(SSI) under this scheme. SSI units which have not yet commenced exports are not eligible for assistance. (iv) year. An exporting unit would be eligible for assistance under SSI-MDA only once in a financial (B) Activities eligible for financing (i) Individual participation in overseas fairs/exhibitions. (ii) Individual overseas study tours/as member of a trade delegation going abroad. (iii) Production of material for overseas publicity. (C) Permissible binding limits: 90% of cost of return ticket by economy class subject to an upper ceiling of Rs.60,000/- (Rs. 90,000/- for Latin American countries). In case excursion fare is cheaper than economy class fare, the excursion fare will be considered. (ii) year. (D) 25% of the cost of production of publicity material limited to Rs.15,000/- in a financial Other conditions: (i) Assistance shall be available for travel by one permanent employee/director/partner/proprietor of the SSI unit in economy class by Air India. Air travel by airlines other than Air India would be permissible provided that their economy class airfare is not higher than Air India. (ii) Applications must reach the Office of the DC(SSI) at least one month before the start of the event in question. (iii) The SSI unit should not have been charged/prosecuted/debarred/ blacklisted under the export and import policy or any other law relating to export and import business. Total MDA assistance under SSI-M[DA scheme shall be inclusive of MDA assistance received from all Government Bodies/FIEO/EPCs/Commodity Boards/Grantee Organiations etc. 81 Global Project Opportunities: October’2015 ANNEXURE-II MARKET ACCESS INITIATIVE (MAI) SCHEME The scheme is formulated on focus product- focus country approach to evolve specific strategy for specific market and specific product through market studies/survey. Assistance would be provide to Export Promotion Organizations/ Trade Promotion Organizations / Exporters etc. for enhancement of export through accessing new markets or through increasing the share in the existing markets. Under the Scheme the level of assistance for each eligible activities has been fixed. The following activities will be eligible for financial assistance under the Scheme: i) Marketing Projects Abroad: To support marketing projects abroad based on focus product or focus country approach. Under marketing projects, the following activities will be funded: a) Opening of Showrooms & Warehouses; b) Organising “Trade Festival of India” – a multi-sectoral event to be organised in select centers abroad to promote „Brand India‟ by showcasing our strength in services like Health (Ayurveda & Yoga), Taste of India (Indian Cuisine), Tourism, Culture, etc., besides merchandise; c) National Level Participation in Major International Trade Fairs etc.; d) Display in International departmental stores; e) Publication of World Class Catalogues; f) Publicity Campaign and Brand Promotion; g) Research and Product Development; h) To support Recognized associations in Industrial clusters for marketing abroad; i) Reverse visits of the prominent buyers, etc., from the project focus countries. ii) Capacity Building: region/country basis; -gradation/improvements in Laboratories, Universities, Research Institutions on stand alone or Public Private Partnership basis for fulfilling SPS measures/related testing etc. including reimbursement of testing charges -gradation of select products for export markets (by skill upgradation using experts/designers, production process improvements, reduction in rejections etc.) iii) Support for Statutory Compliances: er country including Testing charges for engineering products abroad; Registration charges for product registration abroad for pharmaceuticals, bio-technology and agro-chemicals clinical trials for drugs/pharmaceuticals & medical disposables, medical equipment etc. under the scheme shall be as approved by the Empowered Committee on a case to case basis. ons/anti dumping duties etc. on particular product(s) of Indian origin. The commodity/ product groups, nature of litigation to be supported and the extent of support shall be as decided by the Empowered Committee on a case to case basis. iv) Studies: Market studies/survey for evolving proper marketing strategies; 82 Global Project Opportunities: October’2015 uding Joint Study Group(JSG), Free Trade Agreement(FTA), Regional Trade Agreement(RTA) studies etc. Only specific markets studies would be undertaken and these studies would be entrusted to reputed professional organizations. v) Project Development: o generate focused projects leading to substantial improvement in market access, a shelf of projects shall be prepared by engaging reputed professional organisations. A special focus would be on preparation of projects pertaining to priority sectors and sectors having substantial employment generation potential. vi) Miscellaneous: information (electronic or otherwise to Indian Exporters); Details of approved purposes for the scheme and level of assistance Activity Market Study Opening of Showrooms and Warehouses Display in International Departmental Stores Publicity Campaign Participation in Trade Fairs, BSMs etc. abroad Assistance 75% of the total cost However, for studies assigned by the D/Commerce for the cause of export promotion, 100% assistance would be provided 75%, 50% and 33% of leasing / rental charges in the first, second and the third year, respectively Maximum Assistance Rs.100.00 lakh/each study 50% of rental charges of display space Rs. 100.00 lakh per annum/each product 50% assistance for two years in a particular market 65% of approved expenditure Rs. 100.00 lakh per annum/ per market Rs. 500.00 lakh for each fair Rs. 100.00 lakh for each market/ product per annum. N.B.: More specific details can be obtained on request. 83 Global Project Opportunities: October’2015 14.0 SOURCES OF INFORMATION You would be pleased to know that the information that reaches your desk from PROJECT EPC including “Global Project Opportunities” is compiled using various inputs both printed and electronic and are listed below:i) abroad Tender Notices & Commercial Reports from Indian High Commissions & Embassies ii) Inputs from various other web-sites which include: a) c) e) g) h) j) l) n) p) r) others…. t) u) v) w) x) y) z) Asian Development Bank Website (b) World Bank ENR Web-edition (http://enr.com/) (d) The Economist Web-edition www.construction.com (f) http://www.ifpinfo.com http://www.constructionreviewonline.com http://www.arabianbusiness.com (i) http://www.indianembassyorg.np http://www.asiannewsnet.net m) International Monetary Fund Website OPEC Fund Web site (o) MEED Web-site Abu Dhabi Chamber of Commerce & Industry (q) www.ConstructionFutures.co.uk Reserve Bank of India (http://www.rbi.org.in), (s) Ministry of Finance and many http://www.new-technologies.org/ECT/Other/arcad.htm http://www.contractorsunlimited.co.uk/ http://commerce.nic.in http://www.eximbankindia.com/ http://ficci.com/ http://dir.indiamart.com/foreignimporters/ While every effort has been made to ensure the accuracy of the information, PROJECT EPC is in no way responsible for any errors : typographic or otherwise. The information produced in this newsletter has been put up after considerable amount of reading & screening from various sources including the internet and as listed in the Sources of Information* 84