Pakistan: Winner of the Job

One of the world's major reclamation projects moved a step ahead last week. Meeting in Paris, representatives of Pakistan and the World Bank finally selected the contractor who will build the giant Tarbela Dam on the Indus River in remote West Pakistan. Winner of the job, with a bid of $623 million for the eight-year project, is a consortium of French and Italian companies led by Impregilo of Milan.

Second Lowest. Impregilo and its partners had actually submitted the second lowest bid to build what will eventually be the largest earthen dam...