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Turnkey project on construction of 500-700 TPD cement factory in Samarkand region

Monday, 10 April 2017

Kosta Legal represents EPC contractor in a dispute regarding implementation of the turnkey project on construction of a cement factory with the capacity of 500-700 tons per day in Samarkand region of Uzbekistan. The project of a total value of USD 3.3 million is financed by the China Development Bank Corporation through a loan to the National Bank for Foreign Economic Activity of the Republic of Uzbekistan used for further on-lending.

Lawyers of Kosta Legal successfully deals with the challenges of the matter, being the multiple parties involved in the project, channeling of money through two loan instruments, changes of the supplier in the middle of the project implementation and etc.