Lao Project Funded by Loan from EXIM Bank of Malaysia: LC Received
Good news! The Letter of Credit (LC) has been well received by CCC Engineering Ltd. on 20th May, 2011, upon which all conditions precedent for effectiveness the Contract have been fulfilled. All quipment and materials manufactured will be shipped soon.
The whole contract value is USD34,632,806.00, amongst which USD18,334,298.40 will be disbursed through LC. To date, the project have been being implemented well.