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Shanghai Dredging Company in Brazilian dredging bids

Shanghai Dredging Company in Brazilian dredging bids

Rio de Janeiro: A Consortium headed up by Chinese dredging firm Shanghai Dredging Company is bidding for a share of the Reais1.46bn ($729.8m) dredging contracts being offered throughout this year by the Brazilian government.

Draga Brasil, as the consortium is called, has already won the Reais17.5m award to carry out Emergency Dredging for the port of Itajai and industry insiders say it is well placed to win further contracts in the South American country.
Draga Brasil has already confirmed to SAO that it will be bidding for Tender $78.3m, number two, which is for Brazil's largest port of Santos, but will not be bidding for Rio Grande (tender number three worth $91.5m) which is in the south of Brazil.

A Draga Brasil spokeswoman added that the consortium "will put in bid offers for a good percentage of the other six contracts coming up this year".
The aim of the Plano Nacional de Dragagem (PND, or National Dredging Plan) is to gouge out several places along Brazil's 8,000 km coastline where the next generation of larger and more efficient vessels will be able to berth
Phase One of the PND involves seven tenders (involving 11 ports) and will cost $593.3m, and Phase Two, which will begin mid-2009, involves five ports and will cost a provisional $136.5m.
For its business dealings in Brazil, the Shanghai Dredging Company goes under the name CHEC.  [22/01/09]