TT Epaper LHS
The Telegraph
TT Mobile
 
 
IN TODAY'S PAPER
CITY NEWSLINES
 
 
ARCHIVES
Since 1st March, 1999
 
THE TELEGRAPH
 
CIMA Gallary
 
Email This Page
Dredging Corp plans joint ventures abroad

New Delhi, Feb. 21: Dredging Corporation of India, which deepens waterways for ships, wants to go global by forming joint ventures with offshore firms.

PricewaterhouseCoopers has been appointed to identify “potential partners”, chairman and managing director Neerav Kumar Gupta said. He said the firm expects to receive a contract to deepen ports in Bahrain soon.

“Negotiations are on...the size of the contract has not yet been decided,” Gupta said, adding the firm has also received business proposals from Israel, Russia and Malaysia.

Discussions are on with several countries, including Singapore, Hong Kong, Malaysia, Taiwan, Oman and Qatar, Gupta said at a conference to kick off roadshows for the sale of the government’s equity in the company.

Top
Email This Page