Seoul: Algeria's Transport Ministry has awarded Daewoo Engineering & Construction a construction deal covering the expansion of Djen Djen port, 350 kms east of Algiers, writes news source Meed.
The award follows Dubai based ports operator DP World winning a management contract in March 2009 to redevelop and operate Djen Djen port as well as the larger Port of Algiers.
One source close to Daewoo, which has not disclosed the value of the contract, said that the company will expand the north and east breakwaters by 400mtr and 250mtr respectively. Daewoo will also create a new breakwater and an absorbing beach.
The Transport Ministry wants the new port, which has been renamed DP World Djen Djen to act as a transshipment hub to serve the western part of the Mediterranean. The port will also serve as the main terminus for the eastern part of Algeria.
The source said that Daewoo has also started to prepare the site for a new city in Boughezoul, 160kms south of Algiers after winning a $650m construction contract in April 2008. Daewoo leads a South Korean consortium for the project that includes civil contractor Samwhan Corporation. [01/06/09]
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