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Trading Information on Cavico Corp. Available on Equedia.

Publication: M2 Presswire
Publication Date: 19-AUG-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-19 August 2009-Equedia: Trading Information on Cavico Corp. Available on Equedia(C)1994-2009 M2 COMMUNICATIONS

RDATE:19082009

Equedia.com takes you straight to the people behind today's most important business stories and offers investors the opportunity to stock market videos and blogs through our YouTube /Facebook style platform for investors.

Today August 19, 2009, Equedia covers Cavico Corp. (OTCBB: CVIC), a leading infrastructure development company based in Vietnam, after it announced that its wholly owned subsidiary, Cavico Transport Construction JSC ("Cavico Transport"), has signed a contract for overburden stripping and stone processing with Dakdrinh Hydropower Joint Stock Company for work related to Dakdrinh's hydropower plant in the Son Tan village, located in Quang Ngai province. The value of the overburden stripping and stone processing contract has revenue of approximate $1.4 million.

Dakdrinh plant, a 125 Megawatt hydropower plant, is considered to be the largest hydropower plant on Tra Khuc River serving power to Vietnam's central region. According to the terms of this agreement, the scope of work for the first stage of the project entails the extraction...

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