DSCN project cost USD 20 or 27 million?
Theres been a lot of talk going on about how much did Dhiraagu really invested for the Dhiraagu Submarine Cable Network (DSCN) project… in some websites it seems the project is USD 20 million,
http://www.slt.lk/data/investor/07announcements.asp
http://www.weerawila.com/Financial/464.html
While Dhiraagu claim it’s a USD 27 million dollar project.
http://www.dhiraagu.com.mv/newsdesk/index.php?newsid=561
http://www.digitalmediaasia.com/default.asp?ArticleID=19822
http://lw.pennnet.com/news/display_news_story.cfm?Section=WireNews&Category=&NewsID=142031
So people have asked me, “ how come SLT says 20 million and Dhiraagu say 27 million?” … to be honest, I am not too sure… but I just wanted to give my view on why the confusion has occurred..
Dhiraagu’s submarine cable landed in Hulhumale. However, additional domestic links were established between Hulhumale and Male', Male and Kaafu Villingili and finally the cable connecting the two atolls, Laam and Gaaf Dhaal. And in their press release, Dhiraagu have mentioned that the links established between Laamu Gan and Gaafu Dhaal Gadhoo is the final phase of DSCN project's marine work.
So maybe, the additional 7 million Dhiraagu mentions could most probably be for the first domestic inter-atoll submarine cable.
You can get more information on their press release and DMA news.
http://www.dhiraagu.com.mv/newsdesk/index.php?newsid=560
http://www.digitalmediaasia.com/default.asp?ArticleID=20038
posted by Squid @ 8:08 PM
5 Comments:
i heard that it was actually donated by japan gov to maldives. so dhiraagu actually got it for free, which explains the difference of the 7Mil.
am sure its donated my japan gov.as we all know all the work is done my NEC guys own by japanies.and there is something that makes sure that is donated my japan gov is they have taken the http://seamewe4.com rather than any other submarine network
squid theory sounds reasonable.. that the 7 mil *might* be used for inter atoll link that sri lankans did not account for.. but its quite a lot to miss... and for a project this scale..
wouldnt the costing be done together for the whole project.. dosent seem like its different projects??
interesting theories...
but i dont believe it was a japanese donation..
in NEC's oficial website, it states that;
NEC Corporation (NEC) (NASDAQ: NIPNY) announced that it has signed a contract valued at US$22.7million with Dhiraagu (Dhivehi Raajjeyge Gulhun Private Limited), the largest telecom carrier in the Maldives and Sri Lanka Telecom for an optical submarine cable system.
http://www.nec.co.jp/submarine/news/200600525.html
However one thing i could'nt clarify by reading all this was... How did NEC get the contract in the first place!!.... NEC's official website states that NEC wins contract for first optical submarine cable system linking Maldives to Sri Lanka
.. when they say that NEC wins the contract.. the first thing which comes to my head is that some other companies also bid or show interest or do what ever they do ... but in the end NEC had the best offer.... am i wrong here?
so if NEC was to win the contract.. what other companies were contacted? who else applied for this project...
if it was ONLY NEC who was consulted and to whome the offer was made by Dhiraagu... then i rest my case..
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