Diversified Businesses of Sinoma Overseas Achieved a Good Start in 2018
At the beginning of 2018, Sinoma Overseas achieved a good start for diversified businesses. It successfully signed the Engineering, Procurement, and Construction (EPC) contract with Sobha Group of the United Arab Emirates (UAE) for its Kizad Steel Structure Plant.
Sobha Group is a top-grade enterprise engaged with real estate and education in the Middle East region. The project lies in Kizad Industrial Zone of Abu Dhabi. The contract involves these aspects: design of the whole plant; procurement and supply of equipment and materials; installation, commissioning, test run guidance, personnel training, and construction of civil works.
Kizad Steel Structure Plant is a new breakthrough of Sinoma Overseas for overseas diversified businesses, as well as an important achievement made by the company in responding to the “Belt and Road” initiative of China, “the 13th Five-year” Strategy of the Group and SINOMA, and the implementation of the company’s “the 13th Five-year” Development Plan. It is an integrated innovation of the company and a ground-breaking exploration to expand in diversified business, with milestone meaning.
Taking this opportunity, Sinoma Overseas will rely on its years’ market channels and information networks to continue marching towards UAE and other overseas diversified contracting markets, building worldwide excellent projects with international, professional, and high-quality management and service, so as to improve the company’s overseas reputation and brand influence. This will create new business growth points for the company, facilitating business transformation, diversification, and sustainable development of the company.