Singapore Stock Market News
Green Build Technology - Navigating the Green Story but with Execution Risks
StockFanatic
Publish date: Fri, 06 Nov 2015, 11:20 AM
StockFanatic
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We attended a site visit to Green Build Technology (GBT) in Harbin, Heilongjiang province, China in Oct-15. From the trip, we were able to gain insights through the management's sharing of the new business direction by venturing into energy conservation and sustainable development projects. First-hand opportunities were also given to visit the existing project sites in Harbin, and view the progress of the two ongoing projects.
■ Switch of business direction after the disposal of its packaging business.
■ Visited project sites regarding the heat insulation projects involving the upgrade of existing residential buildings in Harbin city.
■ Visited construction sites of the 12 kilometres-long underground utility tunnel (UUT) project.
■ Revenue inflow after the completion of projects beginning in 31 Dec-15.
■ Pollution remains as one of the utmost priorities for the Chinese Government to tackle amid health hazards and the negative effects on economic growth.
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