Loan Agreement between Cavico Vietnam Ltd. Co. and Mr. Bui Quang Ha dated January 28, 2008

Summary

Cavico Vietnam Ltd. Co. has entered into a loan agreement with Mr. Bui Quang Ha, borrowing 7.3 billion VND for 12 months at an annual interest rate of 12%. The interest is to be paid in advance, and the principal must be repaid within 12 months. The borrower is responsible for timely repayment of both principal and interest, while the lender must provide the agreed loan amount. The agreement is dated January 28, 2008, and outlines the basic obligations of both parties.

EX-10.10 9 v154263_ex10-10.htm

SOCIALIST REPUBLIC OF VIETNAM

Independence – Freedom – Happiness

No …..HDTD-CN/CVC

Hanoi, January 28, 2008

LOAN AGREEMENT

BORROWER:

Name of Company: CAVICO VIETNAM LTD, CO.

Investment certificate No. 011043000070 issued on 07 January, 2007

Address: 06th Floor – Songda Building – Pham Hung Street – Tu Liem – Ha Noi

Phone: 04.7684.020 Fax : 04.7684.000

Representative by:

Mr. Tran Thanh Hai Position: CEO

LENDER:

Name of invidual, organization: Mr. Bui Quang Ha

ID No: ###-###-#### issued on 18 March, 2002 by Hanoi Police.

Address : Group 10, Ward 2, Tu Lien Quarter, Tay Ho District, Ha Noi city

I: Content:

1. Amount of borrow with interest : 7.300.000.000 VND

(In words: Seven billion and three hundred million Vietnam Dong)

2. Duration : 12 months

3. Interest rate : 12% per year

4. Form to pay the interest : Pay interest in advance

5. Date of borrowing: 28 January, 2008

6. Payment: Within 12 months

II . Common commitment

Borrower have responsibility for paying principle and interest on time.

Lender have responsibility for delivering exact amount as this contract to Borrower.