Cavico Subsidiary Signs
$1M Contract With Ha Tu
Coal Mine
Cavico Subsidiary Signs
$1M Contract With Ha Tu
Coal MineLOS ANGELES &
HANOI, VietnamCA-CAVICO
Cavico Corporation,
Vietnam’s
leading private company
in construction of
hydropower facilities,
dams, bridges, roads,
mines, urban buildings
and other infrastructure
projects, announced
today its subsidiary,
Cavico Mining, listed on
the Ho Chi Minh Stock
Exchange (HOSE), has
signed a contract with
the Ha Tu Coal Mine
Company - Vietnam
National Coal
Mineral Industries Group
(VINACOMIN). The
contract, which is
valued at approximately
US $1 million, is to
muck andTransport
coal and rocks for the
Ha Tu coal mine in Quang
Ninh Province, North
Vietnam. The contracted
work is scheduled to
commence in the fourth
quarter of 2007.
Cavico Mining will
use the most modern
equipment, including
Caterpillar (USA),
Drilltech (USA) and
Volvo (Sweden) brands,
to complete this
project. The equipment,
which is owned by Cavico
Mining, is currently
being used successfully
at the Nui Beo coal
mine.
President of Cavico
Mining, Binh Thanh Hua,
said,
?Our excellent
work at Nui Beo coal
mine has reinforced
Cavico’s
position as a leading
infrastructure
development company in
Vietnam. Our reputation
for providing
professional services
quickly and efficiently
has enabled us to win
this contract with
Vietnam National Coal
?
Mineral Industries Group
(VINACOMIN). We plan to
continue pursuing
projects in the coal
mining industry and in
other construction
fields.
Cavico Corporation?s
stock is not currently
traded. The company has
submitted its
Form 10 containing
financials to the United
States Securities and
Exchange Commission (?SEC?).
Once the
SEC
completes its review
process of the Form 10,
Cavico will file a Form
15c-211, through an
NASD
member firm, with the
view of having Cavico?s
common stock listed on
the Over-the-Counter
Bulletin Board. In order
to obtain information
about the company and
news updates, investors
may visit the company
website,
http://www.cavicocorp.com
or its
investor relations
website at
http://www.hawkassociates.com/cvcpprofile.aspx.
About Cavico Corp.
Cavico is a major
infrastructure
construction,
infrastructure
investment
and natural resources
conglomerate
headquartered in Hanoi,
Vietnam. Cavico is
highly respected for its
core competency in the
construction of
mission-critical
infrastructure including
hydroelectric plants,
highways,
bridges,
tunnels,
ports and
urban community
developments. One of
the company?s
primary competitive
advantages is its
ability to nurture a
project
?from
concept through
completion?
with a vertical
Portfolio
of interrelated
investment, permitting,
design, construction
management
and facility maintenance
services. The company
also joined with other
domestic investment
partners in forming an
aircraft leasing company.
Cavico?s
project partners include
top multi-national
corporations and
government
organizations. The
company employs more
than 3,000 people. For
more information, visit
http://www.cavicocorp.com.
A profile for
investors can be
accessed at
http://www.hawkassociates.com/cvcpprofile.aspx.
For investor
relations questions,
contact Frank Hawkins or
Julie Marshall, Hawk
Associates, at (305)
451-1888, e-mail:
info@hawkassociates.com,
or visit
http://www.americanmicrocaps.com
or
http://www.hawkassociates.com.
In order to receive free
e-mail notification of
future releases for this
company, sign up at
http://www.hawkassociates.com/email.aspx.
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