175 company that provides applications for annulment of contracts in investment proje
175 company that provides applications for annulment of contracts in investment projects in Dhi Qar due to financial crisis
12/21/2015 0 Comments
The local government said in Dhi Qar province said 175 construction company had applied for the annulment of contracts or suspend its work in the worker in the province of investment projects, as part of a national plan provides a legal way out for those companies with the government's inability to secure the financial dues.
The technical aide to the governor of Dhi Qar Ala Hassan Naughty said in a statement seen by the agency of our economy news that the local government in Dhi Qar, based on the General Secretariat of the Council of Ministers Resolution No. 347, offered to construction companies in the province, the possibility to apply for the dissolution of their contracts or stop work until the end of the financial crisis without punitive measures. He noted The government has already received 175 requests termination of contracts or stop the work of the total 250 projects under way in cities across the province. He said that the local government Based on the same resolution expressed their willingness to resolve any disagreement with the construction companies in the process of measuring achievement in projects under implementation or the so-called Baldhira him now. He said that the province had thus formed for the full size of the completed projects and the remainder of it and the size of its debts to construction companies vision.