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NPA Boss Lauds Kuwait Over Immense Support
Date Uploaded: Apr 23, 2017

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NPA Boss Lauds Kuwait Over Immense Support

By Wilfred Gortor

MONROVIA, April 22 (LINA) - The Managing Director of the National Port Authority (NPA), David Williams, has commended the Government of Kuwait for its support to the NPA through the Kuwaiti Fund for Arab Economic Development.

It can be recalled that in July 2012 the NPA, through the Government of Liberia, entered into a loan agreement with the Kuwaiti Fund for Arab Economic Development for four million Kuwaiti Dinars.

The loan, which is about US$13,120,000, was intended to aid the NPA in the financing of the Port of Greenville rehabilitation project.

The loan was in April 2014 ratified by the Legislature thereby paving the way for the full implementation of the project.

Williams made the commendations in Monrovia on Friday at an Investiture Ceremony and Luncheon held in honor of Sheikh Nasser Al-Mohammed Al-Ahmad Al-Jaber Al-Sabah, former Prime Minister of the State of Kuwait.

Presenting further update on the terms of the agreement, Williams noted that the loan proceed was to finance Navigational Aids (Security and Electrical Equipment), Marine Crafts, Cargo Handling Equipment, Institutional Support and Contingencies.

William disclosed that under the procurement process for the Kuwaiti Loan facility, the NPA procured two Tug Boats, one Pilot Boat and Patrol Boat and One Container Forklift Empty Handler, while Aids to Navigation contract is underway.

Williams placed the actual procurement cost of the listed items at Kuwaiti Dinar 2,535,703 or its equivalent of US$8,317,180.   

"At the moment, we are in the process of obtaining "no objection" from the Public Procurement and Concessions Commission to award contracts to the most responsive bidder for the supply of one Reach Stocker. The process to procure two log loaders is underway," William said.

He indicated that with the availability of these Marine and Handling equipment and Aids to Navigation at the Port of Greenville, berthing and un-berthing have become safer and faster, while cargo movements have been efficient and faster; and vessel turnaround time has significantly improved.

Williams is optimistic that with the procurement and development of the log loader, the shipment of logs will be increased in a more efficient and safer manner at the Port of Greenville.

LINA WSG/PTK

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