Contract signed for US$12.7M ferry

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The Transport and Harbours Division (T&HD) yesterday signed a US$12.7M contract with an Indian firm to begin the development of an ocean-going passenger and cargo ferry for the North West District and different components of the nation.

The signing marks the tip of a years-long delay within the main venture which is funded by the Indian Authorities.

The contract was awarded to India’s shipbuilding firm, Backyard Attain Shipbuilders & Engineers Ltd (GRESL) at a sum of USD$12, 733,403.

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