Sinopipe Holdings
Posted: Fri Aug 08, 2008 2:30 pmSinopipe Secures Second PRC Build-Transfer Contract Worth Rmb65m
Sinopipe Holdings and its subsidiaries, who are engaged in the design, manufacture, distribution and installation of a variety of plastic pipes and pipe fittings, announced that it has signed its second Build-Transfer contract. This latest BT contract is entered into with the local government in Yichun City, HeilongJiang Province, PRC. This project will be completed over two phases, with first phase to be completed by end of 2008. It is expected to enhance the Company’s financial statements starting from current fiscal year till completion of project and it will help to enlarge the Company’s market share in Heilongjiang Province.
Sinopipe Holdings and its subsidiaries, who are engaged in the design, manufacture, distribution and installation of a variety of plastic pipes and pipe fittings, announced that it has signed its second Build-Transfer contract. This latest BT contract is entered into with the local government in Yichun City, HeilongJiang Province, PRC. This project will be completed over two phases, with first phase to be completed by end of 2008. It is expected to enhance the Company’s financial statements starting from current fiscal year till completion of project and it will help to enlarge the Company’s market share in Heilongjiang Province.