Sound Global Ltd,  a one-stop integrated water and wastewater treatment solutions provider based in Beijing, China, has recently announced that it has officially won the bids for three sewage treatment projects.

The details of the three projects are the following:

The first project is a public-private partnership (PPP) project for the sewage treatment plant at Dongsheng Industrial Park, Dongxiang County, Jiangxi Province (Jiangxi Dongxiang sewage treatment PPP project). The project will be designed, invested, constructed, operated and transferred by Sound Global. The total designed sewage treatment capacity of the project is 20,000 tones per day and the total planned sewage treatment capacity is 40,000 tones per day.

The total investment of the project is approximately RMB56 million (US$8.6 million) with a concession term of 29 years. Upon completion of construction, Jiangxi Dongxiang PPP project will be the first industrial sewage project undertaken by Sound Global in the form of build-operate-transfer (BOT) in Jiangxi Province.

The second project is a build-operate-transfer BOT concession project for sewage treatment in the West area of Sci-Tech new town, Baoji City, Shaanxi Province (Shaanxi Baoji sewage treatment project). The project will be designed, invested, constructed, operated and transferred by Sound Global. The total designed sewage treatment capacity of the project is 10,000 tones per day and the total planned sewage treatment capacity is 20,000 tones per day. The total investment of the project is approximately RMB68 million (US$10.5 million) with a concession term of 25 years.

The last project awarded to Sound Global consist of a PPP project for Hongxing industrial sewage treatment plant in Suqian City, Jiangsu Province (Jiangsu Suqian sewage treatment PPP project). The project wil be developed under a TOT (Transfer-Operate-Transfer) basis and the consideration for transfer is RMB160 million (US$26.6 million). The total sewage treatment capacity of the project is 25,000 tones per day. The project has a concession term of 25 years.

According to the company, the above-mentioned transactions will not have a material impact on the net earnings per share and the net tangible assets per share of the company for the financial year ending 31 December 2016.