Project Contracting
Our group has long history in overseas project contracting, manufacture establishment, complete equipment supply including commissioning and technology transfer and training. We exported complete equipment and contracted projects to more than fifty countries. Our contracted projects included thermal insulation basalt and glass wool plant, cement plant, glass plant, cotton textile whole process plant, chemical fiber plant, railway construction, power stations and power transmission and distribution line and we also exported bulk cargo ships, dredging vessels, diesel locomotive and electric locomotive from design, manufacturing and operation, technology transfer. We already established solid cooperation relationship with the emerging countries where we were involved in local economical development.
In recent years, we implemented the contract for national grid reconstruction of National grid Corporation of Philippine (NGCP), contracted value amounting to 300 million US$, included comprehensive automated system on the renovation and modification, supervisor unit, data server cable, insulators, tower, fitting accessories, sub power station and transformers.
Last year China Hi-Tech Group and PT Sritex Group signed the intention cooperation agreement in Beijing to cooperate in building an integrated textile industrial park which worth US$6 billion during the state visit of President Susilo Bambang Yudhoyono to China in March. The cooperation includes the establishment of textile raw materials plant, textile machinery plant, development of Wonogiri industrial park and power station, cement plant, highway road and sea port infrastructure and facilities in South of central Java.
