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| Thursday, 9 January 2014, 18:20 HKT/SGT | |
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HONG KONG, Jan 9, 2014 - (ACN Newswire) - Sound Global Ltd. ("Sound Global", or the "Company"; Hong Kong Stock Code: 00967.HK; Singapore Stock Code: E6E) is pleased to announce that it has won the bid for a BOT project to build a sewage treatment plant in Yingzhou District, Fuyang City, Anhui Province, PRC.
The plant with a designed sewage treatment capacity of 100,000 m3/day will be funded by Sound Global with an aggregate investment of RMB240 million. Upgraded AAO+ filtration and sterilization facilities will be used for sewage treatment and sludge tank and deep dehydration process are utilized as the major technique of sewage treatment. The quality of filtrated water is designed to meet the Class I A standard as set out in the Discharge Standards on Pollutants from Urban Sewage Treatment Plants (GB18918-2002). The commencement of this project will play a significant role in achieving sustainable development for Fuyang City.
Mr. Wen Yibo, Chairman of Sound Global said"Anhui Province is a major province with one of the largest population in the PRC, and Fuyang City is a central city in the northern region of Anhui, a regional center in the southern region of the Central Plains Economic Region (CPER) at national level, as well as a regional center in the Huaihai Economic Zone. This project is another commitment of Sound Global in sewage treatment in Anhui Province, and it will play an important role in the protection of the local ecological environment and in the improvement of local residents' living conditions. Fuyang City is densely populated and has huge potential for economic development. Sound Global will fully utilize its competitive edge in technology, capital, management and complete industrial chain built up over years to grab a greater market share in Anhui Province."
About Sound Global Ltd.
Sound Global is one of China's leading turnkey water & wastewater treatment solutions providers. Backed by extensive R&D and technical expertise, it has successfully completed many award-winning projects. The Group develops proprietary technologies and customizes them into effective turnkey solutions for industrial and municipal projects. It has a strong marketing network in China, where it is much sought after for its strong design and engineering project management capabilities. In 2006, Sound Global diversified into the management of water treatment plants. It has also invested in build, operate and transfer (BOT) projects to diversify its project portfolio. The Group acquired Beijing Hi-Standard Water Treatment Equipment Co., Ltd, progressing towards its aspiration of becoming a fully integrated services provider. Sound Global was named one of the Top Ten Influential Water Industry Engineering Companies in China in 2007 and ranked first among the Top Ten Outstanding Engineering Companies in 2009. Executive Chairman Wen Yibo was named one of the Top Ten Influential People in the Water Industry in China in 2005, 2006 and 2007.
Topic: Press release summary
Sectors: Daily Finance, Daily News
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