State Trading Organization (STO) has signed an agreement with Afcons Infrastructure Limited, to supply the cement required for the development of the Thilamale’ Bridge.
The signing took place on Thursday morning, 12th May 2022, at STO head office, where the state-owned enterprise’s Chief Executive and Managing Director Hussain Amr Mohamed Rashaad signed on behalf of the company while V. Madhusudhanan signed on the agreement on behalf of Afcons.
The parties signed a one year contract, with Afcons Infrastructure agreeing to the purchase of a total of 7,500 cubic meters of ready-mix concrete from STO.
Meanwhile, STO has made all the preparations five months prior in order to facilitate concrete required for the project, which included installation of additional ready mix machinery at the STO cement plant.