State Trading Organization has signed an agreement with Afcons Infrastructure Limited on Thursday, to supply cement required for the Thilamale' bridge project.
The signing ceremony took place on Thursday morning at the STO head office.
Mr. Hussain Amr Mohamed Rashaad, the Chief Executive Officer and Managing Director of STO signed the agreement on behalf of the state-owned enterprise while Mr. V. Madhusudhanan, the Deputy Project Manager of Afcons Infrastructure signed on behalf of the bridge development contractor.
The parties entered into a one-year contract under which, STO will supply a total of 7,500 cubic meters of ready-mix concrete the Afcons.
Furthermore, STO had made all necessary preparations, five months in prior, in order to become fully capable of supplying concrete for the project.
Some of the upgrades carried out by STO for the purpose included installation of new ready-mix concrete machinery at the STO cement plant.