Corporate NewsConstruction & Real Estate

Asset Engineering Secures Rs 791.68 Mn Horton Plains Road Contract 🏗️

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• Contract Details: The Cabinet approved awarding a project valued at Rs 791.68 Mn (excluding tax) to Asset Engineering (Pvt) Ltd to construct the Blackpool-Ambewela-Pattipola-Horton Plains road (B 512). • Scope of Work: The project covers a 6.8 km stretch from the km 5+200 mark to the km 12+000 mark. • Competitive Bidding: Asset Engineering emerged as the lowest responsive bidder out of 4 bids received. • Context: The development addresses road damage caused 10 months ago by Cyclone Ditwah.

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