Chinese firm signs $73,5m water treatment contract in Zim

CHINA CAMC Engineering has signed a water treatment contract to the tune of $73,5 million in Zimbabwe.

The firm said in a statement that the deal will see the $73,5 million going towards the upgrading of “existing sewage treatment plants, sewage pumping stations and pipelines; to build a new sewage treatment plant, sewage pumping station and other related facilities, laying sewage pipeline.”

The duration of the project is 33 months. The latest deal is one of a number of the initiatives that China CAMC Engineering is involved in in the country. Earlier in September, China CAMC Engineering also announced plans to revive operations at Arda Mushumbi Pools Estate in Mashonaland Central by investing $200 million to develop irrigation over the next five years.

The Chinese firm has already been actively involved in the drive to revive Zimbabwe’s agricultural sector, and has already supplied the country with agricultural machinery such as tractors, combine harvesters and other implements worth about $58 million since 2002.

China CAMC Engineering Co Ltd is an incorporated company affiliated to China National Machinery Industry Corporation (SINOMACH). It was established in May 2001 and was listed in Shenzhen Stock Exchange in June 2006, as the first IPO company after full circulation stock reform was carried out in the stock market of China. — BH24