Word: impregilo
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...Pakistan and the World Bank finally selected the contractor who will build the giant Tarbela Dam on the Indus River in remote West Pakistan. Winner of the job, with a bid of $623 million for the eight-year project, is a consortium of French and Italian companies led by Impregilo of Milan...
Second Lowest. Impregilo and its partners had actually submitted the second lowest bid to build what will eventually be the largest earthen dam in history. Lower by $75 million was another consortium of companies in Germany and Switzerland headed by the German construction company Hochtief. But when the Germans and Swiss reviewed their figures, they asked to be allowed to raise the original bid by $50 million. Pakistani officials demurred. They gave the job instead to Impregilo, which has already gained impressive dam-building experience from projects in the Middle East and Africa...
Biggest of the builders is Milan's Impregilo, which is a permanent com bine of three firms. It is responsible for four African dams, another in Iran, and one under way on the Euphrates River in Turkey. Along with these projects, worth $300 million altogether, Impregilo recently outbid an Anglo-German consortium for a $250 million hydroelectric project on Peru's Mantaro River. Tackling smaller-paying jobs as well, Impregilo is helping move the temples of Abu Simbel before the area is fully flooded...
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