”The total cost of the road and bridge upgrades is estimated to be $20.4 million. ASM will co- contribute $10.4 million to the cost of the works.ASM plans to commence the upgrade activities in calendar year 2023.
I might be drawing the wrong conclusion but the grant of $10m pays for our contribution towards the road improvement.
By giving us a grant and then making us contribute to the cost of the road upgrade, the government cannot be accused of totally paying for the road to support a company. In effect the government is paying for it, but they cannot be accused of favouring a public company.
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1 | 10000 | 1.005 |
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Price($) | Vol. | No. |
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