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Article: CityView Corporation (ASX:CVI) Forms Joint Venture Into Angolan Transport & Logistics Business
- Article from:
- abnnewswire.net
- Article date:
- August 8, 2008
- Author:
CopyrightCopyright 2008 ABN Newswire. (Hide copyright information)
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CityView Corporation (ASX:CVI)(OTC:CTVWF) is pleased to advise that it has entered into an agreement with ENDITRADE for the development of transportation and supply logistic services for support of the Angolan mining industry.
ENDITRADE is a logistics company wholly owned by ENDIAMA which is the Angolan Government department responsible for the development of Angola's diamond industry. For more information on ENDIAMA and its subsidiaries, please visit:
http://www.endiama.co.ao/eng/default.php
Under this agreement CityView will enter into a joint venture with ENDITRADE to create an Angolan Special Purpose Vehicle (SPV) which will be owned 51% by ENDITRADE and 49% by CityView.
Agreements are ...