Tri-Tech Secures Water Contract

Tri-Tech Holding has secured a $40m contract to build a water treatment plant in the city of Ordos in the Inner Mongolia Autonomous Region of China.

The Chinese company secured the bid with Beijing Anguo Water Treatment Automation Engineering Technology and Fourth Construction Company of Hebei Province to deliver the project.

Tri Tech and Anguo will establish a joint venture for the project with stakes of 80% and 20%, respectively, and Fourth Construction will act as subcontractor for the project.

The contract includes the provision of a pressure pump station, engineering optimisation, construction, equipment procurement, installation and commissioning as well as operations.

The project will be completed in 2011 and Tri-Tech expects a revenue of $32m for its role in the project.