TOKYO -- Three companies' bids to build an undersea cable for Pacific islands, including a Chinese company's low bid, have been invalidated, Nikkei has learned.
The bidding process was held last year for a project to connect Micronesia, Kiribati and Nauru with an optical cable owned by a consortium of carriers from the three countries, with funding from the World Bank and the Asian Development Bank. The cost for the project is estimated at $54.45 million, according to the World Bank.
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