Turkish-Saudi Partners Win $31.5m Pipe Deal in Iran

A009543013.jpgOfficials at Amiantit Saudi Arabia said that the company and its joint venture partner SUBOR of Turkey have won a $31.5 million contract for the supply of Flowtite Glass Reinforced Polyester (GRP) pipes for the Eyn Khosh irrigation network which is part of Dasht-e-Abbas irrigation project in Iran. According to the officials, the project is of vital importance for the irrigation of a large agricultural area and is being partly funded by the Jeddah-based Islamic Development Bank (IDB) and partly by the Government of the Islamic Republic of Iran.

The export order, which is the biggest ever received by SUBOR Turkey since the Amiantit Group joint venture company began operations ten years ago, comprises the supply of 230 kilometers of GRP pipes, plus fittings, with diameters ranging from 400 millimeters to 2200 millimeters and pressure of 6 and 10 bars.

The first shipment of pipes and fittings has left the Amiantit Fiberglass Industries Ltd. (AFIL) manufacturing facility in Dammam, and deliveries will continue until the end of November 2008. Completion date for the whole project is 36 months from the date of the contract award to the contractors.

The award amounts to nearly 50 percent of the total value of the Eyn Khosh irrigation network project, which amounts to approximately $70 million for the supply and installation of the pipes, valves, and other project elements that include testing and commissioning.

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