08/10/2024
08/10/2024
Speaking to Kuwait News Agency (KUNA) on Tuesday, Minister Al-Mashaan underscored the significance of the conference’s theme, “Enhancing Transport Infrastructure and Enabling Global Connectivity.” She noted that this inaugural session brings together leaders, experts, and strategists from the transport and railway sectors to discuss global trends, sustainable infrastructure solutions, and the challenges facing the railway industry. Al-Mashaan emphasized that her technical team is eager to exchange experiences and learn from global leaders in the sector. She noted that their participation in the exhibition held alongside the conference will allow them to engage with international delegations and explore new methods for enhancing Kuwait’s infrastructure.
Meanwhile, the Central Agency for Public Tenders (CAPT) has asked the five companies bidding for the tender on the study and detailed design of the railway project, as well as the preparation of tender documents (first phase), to extend the basic insurance period from Aug 18 to Nov 14. This is based on Decision No. 22 that the Board of Directors of CAPT issued during its meeting no. 32/2024 on Aug 14, as per Article 46 of Public Tenders Law No. 49/2016. Sources explained that Article 46 stipulates that the tender remains in effect and cannot be withdrawn from the time of its issuance until the end of its validity period, and no price adjustments shall be taken into account after submitting the tender. Sources added the tender must be awarded and the contract signed within a period not exceeding three months from the end of the tender submission period.
By Mohammad Ghanem
Al-Seyassah/Arab Times Staff and Agencies