Cannonway Assigned to Provide Commercial and Contractual Assistance to Major Japanese Corporation in Tokyo
Cannonway Consultants is one of Hong Kong’s best established and leading firms of contracts consultants to the construction industry.
They have recently been appointed by a major Japanese corporation to provide in-house contractual, commercial and quantity surveying services, working alongside the client’s own team in their head office. The assignment involves providing specialist contractual and commercial advice to the in-house project teams working on major international petrochemical projects, including a major chemical installation in Saudia Arabia valued at US$400 million. Cannonway’s responsibilities include administering the main contract and all sub-contracts, safeguarding the client’s rights and properly defining the extent of their obligations, whilst limiting potential risks.
This shows a continuing trend for contractors to monitor contracts from an early stage in order to minimize problems that could arise later, and also to seek specialist input throughout the currency of a project as well as in the post-contract stages. The benefits in utilitising this sort of service can be seen in the minimizing of costs and risk associated with the project, together with ensuring that returns are fully realised. The client also has the benefit of the back-up provided by the wealth of experience associated with Cannonway’s head office staff.
Please do not hesitate to contact us on Tel: 2529 1117, Fax : 2866 2725, or E-mail : cannon@cannonway.com for further details.
