The first MOU will be signed between Sembcorp and Tianjin Lingang Industrial Area (TLIA) Construction and Development Co to explore forming a joint venture to build, own and operate a 12,000 cubic metres per day water reclamation plant in the TLIA.
Sembcorp is pleased to announce that its wholly-owned subsidiary, Sembcorp Utilities, will be signing three memoranda of understanding (MOU) to explore further expanding its water business in China during the Singapore International Water Week’s (SIWW) China Business Forum to be held later this afternoon. Earlier in the week on July 3, Sembcorp also signed a MOU with the Xinmin government.
MOU for a new water reclamation plant in the Tianjin Lingang Industrial Area
The first MOU will be signed between Sembcorp and Tianjin Lingang Industrial Area (TLIA) Construction and Development Co to explore forming a joint venture to build, own and operate a 12,000 cubic metres per day water reclamation plant in the TLIA. The new facility is expected to reclaim effluent from Sembcorp’s existing industrial wastewater treatment plant in TLIA as well as reservoir into high grade industrial water and demineralised water for supply to industrial customers in TLIA. Managing the entire water cycle in an integrated manner, from the treatment of wastewater, to water reclamation and water supply, this integrated closed loop approach of providing total water solutions minimises liquid discharge and conserves precious water resources.
The MOU will be signed by Alan Yau, Chief Executive Officer of Sembcorp China and Yin Jigang, General Manager of TLIA Construction and Development Co.
MOU for the acquisition of a municipal wastewater treatment plant and water reclamation plant in Qitaihe, Heilongjiang Province
Sembcorp is also looking to apply its total water management solutions in Qitaihe, in Heilongjiang province. It will be signing a MOU agreement with Harbin Wan Xing Long Co to explore acquiring a 50,000 cubic metres per day municipal wastewater treatment plant and a 40,000 cubic metres per day water reclamation plant. The water reclamation plant will be supplying water to a power plant owned by China Datang Corporation Renewable Power Co, one of the largest power producers in China. With these new facilities, Sembcorp, which currently has a 100,000 cubic metres per day municipal water treatment plant in Qitaihe, will be able to expand its product offerings to the city to encompass wastewater treatment and water reclamation.
The MOU will be signed by Alan Yau, Chief Executive Officer of Sembcorp China and Wang Da Li, Chairman of Harbin Wan Xing Long Co.
MOU for the acquisition of a municipal wastewater treatment plant in the Yanjiao National High Tech Industrial Development Area, Hebei Province
Sembcorp will sign the third MOU with Yanjiao National High Tech Industrial Development Area Administration Committee to explore acquiring a 50,000 cubic metres per day municipal wastewater treatment plant and its associated network in the Yanjiao National High Tech Industrial Development Area in Hebei Province, where Sembcorp currently owns and operates a 70,000 cubic metres per day municipal water facility.
Alan Yau, Chief Executive Officer of Sembcorp China will sign the agreement with Lu Jinli, Deputy Director of Yanjiao National High Tech Industrial Development Area Administration Committee.
MOU for a new water treatment plant in Xinmin, Liaoning Province
Earlier in the week on July 3, Sembcorp also signed a MOU with the Xinmin government to explore building a 120,000 cubic metres per day water treatment plant for municipal and industrial use in the new industrial zone of Xinmin City, Liaoning Province. The new plant will complement Sembcorp’s existing municipal water facility in Xinmin City.
The MOU was signed by Alan Yau, Chief Executive Officer of Sembcorp China and Wang Hong Wei, Deputy Mayor of Xinmin Government.
Commenting on Sembcorp’s business expansion in China, Alan Yau, Chief Executive Officer of Sembcorp China, said, “China is experiencing strong growth in water demand due to increasing industrialisation and urbanisation. With our track record, Sembcorp is well positioned to provide sustainable water solutions to China. We are excited about these opportunities for growth and are keen to enhance Sembcorp’s existing presence in China. The enthusiasm of the government and partners to explore further cooperation with us is a testament of their confidence in Sembcorp’s ability to deliver total water solutions in these water stressed regions of China. We are confident that Sembcorp will continue to grow from strength to strength in China, and that we would also be able to bring our expertise to other fast developing countries globally.”
In China, Sembcorp currently has water and wastewater treatment operations in 12 cities across nine provinces. Its range of total water solutions includes wastewater treatment, water reclamation, desalination and water supply for both industrial and municipal clients. To further cement Sembcorp’s commitment to growing its presence in China, Sembcorp Utilities has also recently established a wholly-owned holding company in Shanghai, Sembcorp (China) Holding Co, to be its regional headquarters.
June 23, 2011 11:50 PM Eastern Daylight Time
Research and Markets: Singapore Infrastructure Report, Q3 2011 - As the Construction of the North-South Expressway (NSE) is Approved the Bid for Contracts is Due to Begin
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/e1a10b/singapore_infrastr) has announced the addition of the " Singapore Infrastructure Report Q3 2011" report to their offering.
The Singapore Infrastructure Report provides industry professionals and strategists, corporate analysts, infrastructure associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Singapore's infrastructure industry.
Singapore's construction industry looks set to revert back to more moderate growth levels, with many major infrastructure projects now completed. Advanced estimates released by Singapore's government show that real growth for the construction industry in Q111 was 2.6% year-on-year (y-o-y), highlighting BMI's view that construction growth will return to a sustainable level as the fiscal infrastructure-geared stimulus plan, launched in 2009, winds down.
However, the government's plans to continue spending on infrastructure, albeit at a lesser rate and over a longer period, to boost Singapore's productivity, will ensure decent growth figures over the medium term. As such, this report is forecasting the construction sector to average growth of 7.2% per annum between 2011 and 2015, bringing the total sector value to SGD20.0bn (US$16.7bn).
Key drivers affecting growth include:
- In January 2011, Singapore's government approved the construction of the North-South Expressway (NSE), a new 15.9km expressway that would run parallel to the Central Expressway (CTE). BMI believes that the project is key to alleviating traffic pressures on existing expressways, while the project's complexity will require companies familiar with the country's crowded landscape to offer their services and bid for contracts.
- In February 2011, French engineering company Alstom secured a contract for the construction and maintenance of an 800MW gas-fired combined cycle power plant in Singapore. The EUR500mn (US$682mn) contract was awarded by Singapore-based utilities and marine conglomerate Sembcorp Industries. Construction work on the 400MW first phase, costing approximately EUR300mn (US$409.2mn), was scheduled to start in H211, and should come on-stream after H213. The first phase involves an 18-year maintenance contract.
- In April 2011, the Land Transport Authority (LTA) awarded two contracts worth SGD361.56mn (US$201.8mn) for the 21km Downtown Line Stage 3 (DTL3) project. Construction work for both projects was expected to start in Q211 and is scheduled to be completed by 2017. The DTL3 project is aimed at improving rail connectivity between the eastern corridors, the Central Business District (CBD) and developments in the Marina Bay area.
Singapore's business environment score retains the top spot in BMI's ratings for the Asia Pacific region, achieving a score of 67.9. Although the country's score for Industry Rewards is 45.0, highlighting the limited opportunities for greenfield projects, Singapore offers the greatest potential to realise rewards due to the country's commitment to a low-tax regime tightly regulated business environment, a labour force with a high level of expertise, and strong growth in infrastructure due to government-led investment.
Key Topics Covered:
- SWOT Analysis
- Singapore Infrastructure SWOT
- Global Overview
- Asia Overview
- Industry Forecast Scenario
- Construction And Infrastructure Forecast Scenario
- Transport Infrastructure
- Transport Infrastructure Forecast Scenario
- Energy And Utilities Infrastructure Forecast Scenario
- Residential/Non-Residential Construction Forecast Scenario
- Residential/Non-Residential Construction And Social Infrastructure Overview
- Major Projects Table - Residential/Non-Residential Construction And Social Infrastructure
- Singapore Business Environment
- Asia Pacific Infrastructure Business Environment Ratings
- Company Monitor
- Industry Forecasts
- Construction Industry
Companies Mentioned:
- Dragages Singapore
- Hock Lian Seng Infrastructure Limited (HLS)
- Sembcorp Industries
- Hyflux
For more information visit http://www.researchandmarkets.com/research/e1a10b/singapore_infrastr
