The contract is a part of the company's southern strategy to penetrate the market place in the fastest growing southern regions of China, including the Guang Dong Province surrounding Hong Kong.
Mr. Jiqun Wang, Founder and Chairman of TTCM China, said, "It is the strategy of the Company to move forward in expanding its business in the southern and southeastern regions of China where the economic growth is even faster than the rest of the country. The contract is the largest contract in the company's history.
Once again it proves that there is growing demand for our pipes in China, particularly to provide water to rapidly growing areas as well as flood control systems. Because our pipes are more lightweight and cost efficient than other conventional types, they are suitable for large-scale projects such as this one in Guang Dong Province in south China where many heavy industries are concentrated.