Financial Times

Issues over Colombo Port Project
 

Engineers of the Sri Lanka Ports Authority (SLPA) are still awaiting for a response to a letter sent to the Chairman of the Cabinet Appointed Negotiating Committee (CANC), S. Amarasekera, over what they say are efforts being made to remove a clause about the eligibility of bidders in the Request For Proposals (RFP) issued for the Colombo South Terminal project in February 2007.

When contacted by The Sunday Times FT this past week, Mr. Amarasekera said he has not seen the letter dated August 19 and refused to comment further. The clause states 'a bidder or where the bidder is the consortium, all members must not have been found conclusive by any court of law to have engaged in anti competition practice.'

The letter alleges there is a 'sinister move mooted by some bidders to exclude or modify the above clause in order to manipulate the bidding procedure.' The clause as explained by the engineers is also needed to secure and safeguard the interests of a particular country/port to prevent port operators adhering to corrupt business practices from cartels.

Top to the page  |  E-mail  |  views[1]
 
Other Financial Times Articles
SEC seeks AG’s advice on judgment
Drama at Hunter's EGM as Dossas turn abusive
New telecom interconnection charge soon
New telecom interconnection charge soon
New telecom interconnection charge soon
Eagle–NDB Fund buy-back deal
Discussing business ethics and integrity
Sweeping under the carpet - Comment
Deafening silence of the business community on a landmark judgment
BOI offers Lankan space for controversial Tata Nano Plant
Power of direct marketing and Lankan impact
Malaysia’s TMI appoints Hans Wijayasuriya as new group COO
Business Briefs
Ageing solution for youth problem in Sri Lanka
Consider East Asia as well as South Asia for future trade growth - trade experts
Lankan company helps Silverstone get back on track
Ceylon Biscuits’ longest servicing employees felicitated
But bureaucracy and corruption slow growth
FCCISL urges India to strengthen people-to-people contacts before CEPA
 

 

 
Reproduction of articles permitted when used without any alterations to contents and a link to the source page.
© Copyright 2008 | Wijeya Newspapers Ltd.Colombo, Sri Lanka. All Rights Reserved.