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What is Partnership Agreement for Hospital III Construction about?

This contract establishes a joint venture between Company S Y U and the District Municipality of Cayma for the construction of Hospital III. The partnership will last for 40 years. The Municipality will provide the use of a plot of land, and Company S Y U will manage the project and construction of the hospital. Both parties will share 50% of the profits or losses generated by the business. Any disputes that arise will be resolved through arbitration.

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EN