Indian firm bags order for road construction in Djibouti

BANGALORE: Mumbai based construction firm Patel Engineering Works has bagged a nearly 1 bn USD order for constructing a 350-km highway connecting Djibouti border to Ethiopia, Consulate General of Republic of Djibouti, in India, Mohamed Idris Saban said.

"Patel Engineering Works has bagged the order. The work which commenced six months ago is being carried out on Build-Operate-Transfer basis, Saban told reporters here yesterday.

HRD and CO, another Mumbai firm, has been given an order for a geo-thermal energy project in Djibouti. It was a power purchase agreement, Saban said.

"We are also looking at tie-ups with Indian computer-education firms like NIIT and Aptech to start such institutes in Djibouti and are looking at student-exchange programmes. We have almost 750 students in India from Djibouti", he added.