On December 28, China Harbor Engineering Co., Ltd. (CHEC) signed an EPC contract with the Water and Power Development Authority of Pakistan for NaiGaj dam project, with a total contract value of 390 million US dollars and a construction period of about three years.
The project is jointly operated by CHEC and its Pakistani partner, with a stake of 80 percent and 20 percent respectively. It involves a 1,181-meter gravity earth-rockfill dam, a spillway, an irrigation ditch system, etc.
The contract signing marks a new breakthrough of CHEC in the water conservancy and hydropower market, and is of positive significance to further enhancing the company’s brand influence in Pakistan.
Press Release, January 15, 2013