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CDT Environmental Technology Investment Holdings Limited Establishes Partnership with Fortune 500 Company's Subsidiary to Jointly Bid for Large-Scale Sewage Treatment Facility in Hengqin, ...

CDT Environmental Technology Investment Holdings Limited - ordinary shares (CDTG) 
Company Research Source: GlobeNewswire
SHENZHEN, China, May 22, 2024 (GLOBE NEWSWIRE) -- CDT Environmental Technology Investment Holdings Limited (NASDAQ: CDTG) ("CDT"), a leading provider of waste treatment systems and services throughout China, announces the formation of a consortium with a wholly-owned subsidiary of a Fortune Global 500 company to jointly bid for a substantial sewage treatment plant project in Hengqin, China. CDT's partner subsidiary is a key participant in China's Belt and Road Initiative, with a multi-billion yuan asset-base and currently with an extensive portfolio of international projects underway, primarily in Asia and Africa. The total contracted value is estimated to be worth approximately 1.16 billion Yuan (USD $160 million) upon award. The Hengqin project, which is being spearheaded by the Chinese government under an approved budget of 1.16 billion Yuan, consists of three phases, which are expected to ultimately establish a 400,000 tons/day water purification facility spanning 16.4 hectares Show less Read more
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