Greentech Lead Asia: Tri-Tech Holding, a provider of
turn-key water resources management, water and wastewater treatment, industrial
safety and pollution control solutions, has secured contracts to develop core
software systems for flash flood early warning and forecast projects in
Beijing.
The contracts, signed by Tri-Tech’s affiliate, Beijing Yanyu
Water Tech Co. Ltd., totaled approximately $1.59 million (approximately RMB9.98
million).
The company will provide software systems for flash flood
monitoring and forecasting systems for the City of Beijing and eight districts
and counties around Beijing. The company will also be involved in procurement
of equipment, system integration and installation, debugging and technical
trainings to customers.
The projects will provide early warnings of rain storms,
flash floods and debris flow to a majority of the areas around Beijing.
These projects are scheduled for completion in early June
2012.
“We believe the government’s investment in water
resource management will continue to grow despite moderate overall economic
growth,” said Warren Zhao, Joint CEO of Tri-Tech Holding. “In 2012, the Chinese
government is giving top priority to public health- and safety-related water
conservancy infrastructure development.”
“The implementation of flood control and disaster
alleviation infrastructures, which ensure the safety of people’s lives and
properties, has been one of our core business areas,” Zhao added. “We
expect spending will continue to be allocated in these developments in the next
several years, and we will maintain stable sales from this key market.”
Tri-Tech
Holding bags $7.9 million contract for wastewater pipeline network plant in
Hebei
Earlier this year, Tri-Tech Holding has secured a $7.9
billion contract for constructing wastewater treatment plant and wastewater
pipeline network in Dawangdian Industrial Park in Xushui County, Hebei
Province.