Skip to main content

Insight article

January 1, 2016

Pakistan waives off bidding condition for CPEC projects

Islamabad

The government on Tuesday permanently waived off the condition of international competitive bidding in Chinese deals and approved to award the construction contract of Eastbay expressway to link Gwadar port with coastal highway to one of three Chinese bidders.

Headed by Finance Minister Ishaq Dar, the ECC made certain decisions that carry far-reaching implications for execution of the China Pakistan Economic Corridor (CPEC) in addition to setting the base for future RLNG-based projects. The ECC, once for all, settled the issue of international competitive bidding in execution of the CPEC projects. It approved a report of a sub-committee, which establishes the federation’s authority to override Public Procurement Regulatory Authority (PPRA) Ordinance of 2002 in execution of strategic nature projects.

The subcommittee cited the Constitution’s Articles 90 and 99 that deal with exercising federation authority and conduct of business. The ECC allowed the Gwadar Port Authority to proceed with the procurement of one of the three listed Chinese Companies as well as preference for the use of the Chinese equipment, in accordance with the CPEC Framework Agreement, said the Finance Ministry. Since China is providing interest free loan for the project, the contracts will be awarded in government-to-government mode, waiving off the condition of international competitive bidding. However, there will still be a competition among Chinese state-owned companies and Beijing has forwarded a set of three names. The competition will be among China Communication Construction Company, China State Engineering Construction Company and CATIC Civil.

Source: The Tribune: Pakistan waives off bidding condition for CPEC projects

Stay in touch

Subscribe to our newsletter

Stay in touch
Sending

News/Insight

  • Lahore High Court recognises international arbitration award

    Successful defence of SIAC award against invalidity, incapacity and public policy challenges

    The Lahore High Court recently recognized a foreign arbitral a


    Read more
  • RIAA Barker Gillette PK settles complex reinsurance dispute

    We recently successfully negotiated a substantial reinsurance dispute settlement on behalf o


    Read more
  • RIAA Barker Gillette secures favourable ICC arbitration award on jurisdiction for major Pakistani oil & gas exploration and production company

    In an Read more

  • The Legal 500 Asia Pacific 2024: Top rankings for RIAA Barker Gillette (Pakistan)

    Read more
  • RIAA Barker Gillette PK advises Ravi Urban Development Authority

    Ravi Urban Development A</p>
										<br />
										<a href=Read more

What clients say...

  • Chambers Asia Pacific 2022
    "RIAA are responsive, professional and polite in explaining their advice, well researched in their opinions, and reliable in their response time… they also share commercial and operational consequences of the options presented in their advice. We are very happy with their support…." - Chambers Asia Pacific 2022

  • The Legal 500 2022
    “RIAA has an excellent litigation practice that advises on the full range of contentious issues as well as international arbitrations. The practice regularly handles all forms of civil, commercial, corporate, regulatory and white-collar crime matters before all the courts in Pakistan. It has extensive experience in a diverse range of industry sectors …” – The Legal 500 2022

  • Chambers Asia Pacific 2022
    "We find them to be extremely professional and responsive. They are meticulous in raising all the right legal points but at the same time are very solution-oriented in helping to structure the transactions in the right way to fully protect our legal rights." – Chambers Asia Pacific 2022

  • The Legal 500 2022
    “The team has an excellent track record of working on some of the most significant projects in Pakistan throughout the years.” – The Legal 500 2022 

  • Legal 500 2021
    We have worked with RIAA Barker Gillette for many years on a number of matters, including regulatory issues, labor, general corporate, competition law, and tax matters…..We have found high-quality lawyers across disciplines, who are able to balance the requirement for technically sound advice while also being practical and solution-orientated - Legal 500 2021

Read more
Send this to a friend