State Trading Organization (STO) and AFCON Infrastructure have signed an agreement to supply the concrete required for the construction of the Thila-Male' Bridge.
The agreement was signed by STO's CEO and Managing Director Hussain Amr and AFCON's Deputy Project Manager V. Madhusdhanan at a ceremony held at STO Head Office on Wednesday.
AFCON agrees to purchase 7,500 cubic meters of ready-mix concrete from STO under the one-year agreement.
STO has completed the necessary preparations to supply concrete for the project over the past five months. As the concrete supplied under the agreement are high-strength concrete, STO has established additional facilities and resources at the company's ready-mix plant.
STO said it was their honor to have the opportunity to supply concrete for one of the largest infrastructural projects undertaken in the Maldives.