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Amiantit Wins US $7 Million Contracts In Turkmenistan

26 November 2006

Amiantit Group companies have received two contract awards in Turkmenistan totalling more than US $ 7 million.

Issued by the state concern Turkmen Oil and Gas Construction, both orders are the result of successful tender bids and are for different parts of the same project, which is the construction of a new sewage network in the East Turkmenistan city of Turkmenabat.

The biggest of the contract awards is worth US $ 6 million and was signed by the Amiantit Caspian Branch on behalf of Amiantit Fiberglass Industries (AFIL). The order is for 31 kilometres of glass reinforced polyester (GRP) pipes and fittings which will be supplied by two Amiantit joint venture companies: SUBOR in Turkey and the Goa-based Amiantit Fiberglass Industries India Pvt. Ltd. (AFIIL).

Amiantit Caspian Branch has been operating in Turkmenistan for more than five years, during which time it has supplied more than 600 kilometres of GRP pipes together with fittings and has become established as the country's leading provider of GRP products.

A second contract award is for the supply and installation of submersible pumps for three sewage pump stations.





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