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Chinese Firms Blocked From Bidding For Indian Ports

by Mary Swire, Tax-News.com, Hong Kong

31 August 2006


Three Chinese port operators have dropped out of the bidding for container terminal projects at Indian ports because of security concerns on the part of the Indian government.

Indian media reports stated yesterday that Hutchison Ports Holdings, Kaidi Electric Company and China Harbour Engineering Company have been denied security clearance for participating in container terminal projects at the ports of Mumbai, Chennai and Vizhinjam.

Larsen & Toubro, a major engineering and construction firm, had teamed up with Hong Kong-based HPH to bid for the projects in Mumbai and Chennai, but has now been forced to seek an alternative partner. The Mumbai Port Trust has also been forced to prolong its tender until September 15 - the thirteenth time it has had to extend the process, according to India's Business Standard.

Kaidi Electric Company and China Harbour Engineering Company were bidding for the Vizhinjam port in the southern Indian state of Kerala.

Seemingly wary of Chinese involvement in future projects, the Indian government has also shut out Chinese participation in 13 ports across India which are expected to see investments of about 610 billion rupees (US$13 billion) in the coming years.


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