Chinese companyThe press release sent to media houses at 1.30pm did not have the most important details of the project; the cost. The firms constructing them are the ones tasked with determining project costs. “Indeed, there are strong arguments that overall construction period may be shorter under the PPP project as it splits construction between three different EPC contractors. This is despite the fact that costs are the first considerations in deciding whether or not a project is viable. The brief says Bechtel’s construction costs per kilometer are higher than estimates presented to the Ministry by PricewaterhouseCoopers.

Source: Standard Digital September 12, 2017 07:52 UTC