On November 21, Cokal Limited, Australia announced that it signed a memorandum of understanding (MOU) with China Railway Construction Corporation Limited (CRCC) with regard to the infrastructure building for Bumi Barito Mineral (BBM) project. The company that signed MOU with Cokal is China Railway 21st Bureau Group International Engineering Co. (China Railway), a subsidiary company of CRCC. Accordingly, Cokal and China Railway will set up a joint venture (JV) and promote the infrastructure building for BBM project on a conjoint basis from now onward. The investment amount ratio in JV will be fifty-fifty. The contract period based on the said MOU is 5 years, but can be extended by 5 years in case both parties agree.
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机译:11月21日,Cokal Limited,澳大利亚宣布,它与中国铁路建设公司有限公司(CRCC)签署了谅解备忘录(MOU),关于Bumi Barito Mineral(BBM)项目的基础设施建设。 签署谅解备忘录的谅解备忘录的公司是中国铁路21ST局集团国际工程有限公司(中国铁路),是CRCC的子公司。 因此,Cokal和中国铁路将建立一个合资企业(JV),并从现在开始促进与联合的BBM项目基础设施建设。 JV的投资金额比例为五十五十五十五。 基于谅解备忘录的合同期为5年,但双方同意的情况下,可以延长5年。
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