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| Tuesday, 17 February 2015, 13:13 HKT/SGT | |
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HONG KONG, Feb 17, 2015 - (ACN Newswire) - Sound Global Ltd. ("Sound Global" or the "Company") announced that the Company won the bid for the water diversion engineering BOT (Building, Operate and Transfer) project in Fengshukeng, Xinshao County, Hunan Province, China. The total investment of the project is approximately RMB180 million. The construction of the project can greatly alleviate the problems of serious shortage in water supply capacity and poor water quality in Xinshao County and is of significant importance to the sustainable development of Xinshao County.
Located in Xinshao County, Hunan Province, the project is invested, constructed and operated by Sound Global by way of BOT model with a short-term designed water supply capacity of 50,000 tonnes per day. The construction of the project includes the external water diversion, water pipelines, a water supply plant and water distribution main pipeline with a concession term of 30 years.
The water diversion engineering BOT project in Xinshao County with a capacity of 50,000 tonnes/day is another water investment project following Sound Global's successful implementation of the sewage treatment plant BOT project in Leiyang City, Hunan Province with a capacity of 100,000 tonnes/day. The implementation of the water diversion engineering BOT project in Xinshao County is conducive to expanding the urban water supply project in Hunan Province and accelerating the development of Sound Global's water supply distribution network nationwide.
About Sound Global Ltd.
Sound Global is the leading one-stop integrated water and wastewater treatment solutions providers in the PRC. The Company offers services covering the full value chain of the water and wastewater treatment industry - from the design and construction of water and wastewater treatment facilities, to the operation and maintenance of water and wastewater treatment facilities and the manufacture of water and wastewater treatment equipment. With advantages in technology, capital, management and whole industry chain, Sound Global has earned a high reputation within the water industry for its excellence since its founding. The Company has very extensive business networks covering all major provinces in PRC. On top of coverage in domestic market, sound global has also penetrated into overseas market in 2009 and continued expanding its business presence internationally. Sound Global is the first Chinese water enterprise that successfully won the bid for the overseas water project.
The Company places significant emphasis on its in-house design capability and the innovative adaptation and application of technologies to offer customized, cost-effective and practical solutions for the diverse challenges presented by the treatment of municipal and industrial water and wastewater. With strong R&D and technical capacity, Sound Global could provide wastewater treatment solution for all major industries, particularly coking, metallurgy and petrochemical industries who demand highly sophisticated wastewater treatment technologies.
In 2011, Sound Global expanded into the markets of environmental management in China's suburban-rural areas. Sound Global researched and developed a new program -- the "Sound Global SMART(1) Solution for wastewater treatment in Small Townships". This program was implemented in 18 bundled wastewater treatment projects in Changsha County of Hunan Province. This integrated wastewater treatment programs, developed by Sound Global, established successful models for wastewater treatment in suburban-rural areas of China.
(1)SMART: Small & Skillful, Multiple & Modular, Active & Automatic, Rapid and Technologic
Topic: Press release summary
Sectors: Daily Finance, Daily News
https://www.acnnewswire.com
From the Asia Corporate News Network
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