converters/libiconv fails to build on Solaris

[Raymond Meyer <raymond.meyer%rambler.ru@localhost>]

===> Building for libiconv-1.11
builddir="`pwd`"; cd libcharset && /opt/pkg/bin/bmake all &&     
/opt/pkg/bin/pax -rw lib/libcharset.la lib/.libs "$builddir/" &&        
/opt/pkg/bin/pax -rw include/*.h "$builddir/"
cd lib && /opt/pkg/bin/bmake all
cd lib && /opt/pkg/bin/bmake all
cd srclib && /opt/pkg/bin/bmake all
sh: line 5: cd: srclib: No such file or directory
*** [all] Error code 1
1 error

Any ideas?