Afghan bogies cancelled

The IANS news story of October 24 Pakistan forfeits $500,000 from Chinese firm says

A Chinese firm that was prevented by Beijing from supplying 300 railway bogies [meaning bogie passenger coaches] that Pakistan had contracted for has lost the Rs.30 million (about $50,000) guarantee money it had paid toward the Rs.1.6 billion contract after Islamabad forfeited the deposit.

Pakistan railway ministry officials were ‘shocked’ to learn that the firm that had been awarded the contract ‘was forcibly stopped by the Chinese government from delivering the consignment’, The News said Wednesday.

The contract for the bogies, meant for developing rail links with Afghanistan, has now gone to an Iranian firm.
[more]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.