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| Friday, 29 May 2015, 18:58 HKT/SGT | |
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HONG KONG, May 29, 2015 - (ACN Newswire) - Sound Global Ltd. ("Sound Global" or the "Company") announced that the Company won the bid for a build, operate and transfer ("BOT") project of the Phase II Project of Jinshan Sewage Treatment Plant in Huizhou City, Guangdong Province ("Jinshan Phase II Project") in May 2015.
The project is invested, constructed, operated and transferred by Sound Global. The total sewage treatment capacity of the project is 100,000 tonnes per day. The quality of water discharged is designed to meet Class IA standard as set out in the national standard for the Discharge Standards on Pollutants from Urban Sewage Treatment Plants (GB18918-2002) and the stricter standard in the Class I standards for the second time phase specified in Discharge Limits of Water Pollutants (DB44/26-2001) of local standard in Guangdong Province. The total investment of the project is approximately RMB360 million with a concession term of 25 years.
Jinshan Phase II Project is located in Huizhou City, Guangdong Province, situated in the Pearl River Delta Economic Zone. The project is the first large-scale municipal sewage treatment project of Sound Global in Guangdong Province. The completion and operation of the project will become a starting point and milestone of the water environmental governance in Guangdong Province and Pearl River Delta, greatly reduce COD emissions of the area and promote the friendly and harmonious development of the water environment within the Dongjiang River.
Notes:
Build, Operate and Transfer Projects ("BOT")
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
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From the Asia Corporate News Network
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