Positive feedback and praise during the current quarterly inspection.

From April 18 – 20, 2023, the engineering office Kocks from Koblenz again visited our construction sites in Kuwait. On behalf of the banks financing the BOT part of the project, Kocks checks the construction progress on a quarterly basis. Three things in particular are checked:

• Does the invoiced construction progress and the drawdown of loan funds correspond to the actual construction progress?
• Is the quality right?
• Are the available funds from the bank loans sufficient to complete the project?

There were no complaints during this visit either, on the contrary: the engineers from Kocks praised the advanced stage of completion as well as the quality of the work and the purchased technology.