Cai Lan International Container Terminal LLC (“CICT”)

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Cai Lan International Container Terminal LLC (“CICT”) was involved the development of a new container terminal within the Cai Lan Port in Quang Ninh Province in North Vietnam. The Terminal was expected to have a 594 meter berth, a 13 meter draft alongside the berth, four Panamax gantry cranes and supporting yard equipment, and a 25 hectare container yard with 720,000 TEUs of handling capacity at completion. Cai Lan International Container Terminal LLC (CICT) was a joint venture between Cai Lan Port Investment Joint Stock Company (“CPI”) (51%) and SSA Holdings International – Vietnam, Inc. (“SSA”) (49%). CPI was formed to execute the Project and is owned by Vinalines (Vietnam’s national shipping line), Quang Ninh Port, Hanoi General Export & Import Joint Stock Company (a private Vietnamese trading company), and over one thousand small individual investors, most of whom are employees of CPI shareholders. SSA is an indirect subsidiary of Carrix, Inc., a privately held US company and one of the world’s largest container terminal operators and cargo handling companies In November 2010, US$155 million BOT project reached financial closure, as it obtained financing of US$101 million through IFC loans (A loan of US$38.25 million, B loan of US$62.25 million).