China’s second-largest construction company is competing with at least six international builders, including two each from Japan and Korea, for $2.7 billion worth of contracts to build the largest road bridge in India.
The 22-kilometer Mumbai Trans Harbor Link has attracted bids from China Railway Major Bridge Engineering Group Co. Ltd., Japan’s IHI Infrastructure System Co. Ltd., and Korea’s Daewoo Engineering & Construction Co. and SK Engineering & Construction Co. Ltd. among others, according to U.P.S. Madan, the chief of the Mumbai Metropolitan Region Development Authority. The global construction majors have bid in partnership with Indian companies including Larsen & Toubro Ltd. and the Shapoorji Pallonji Group, he said.
The project, which aims to shrink traveling time between the island city and its mainland suburbs, was first conceived about 40 years ago, according to Madan, but then delayed for various reasons. It is an integral piece of the plan to develop transport links in India’s financial capital where congestion often leaves the 20 million people that live in and around Mumbai in hours-long traffic jams and makes light of the city’s dream of rivaling Shanghai as a business center.
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