Formed a Chinese Strategic Partnership in Oct 2011
Formed a Strategic Partnership with a well renowned Chinese company Oct. 10, 2011 Oct 10, 2011 B.O.G. formed a strategic partnership with a well renowned Chinese company Shenzhen **** Environmental Investment Co. Ltd., which is a professional investment company in China which specialises in treatment, operation, and management of urban domestic waste, hazardous waste, medical waste, kitchen waste, etc. This partner company owns 20 or more treatment plants of various applications all over China and is currently developing rapidly by an increase of 10 to 20 waste treatment plants every year, which represents a magnificent business momentum and futuristic prospect in China. This partner plans to become a publicly listed company in 2012. In October B.O.G. Delegation of 6 people visited the company and a typical plant of theirs. During the 4-day trip B.O.G. delegation guided by the partner company representatives visited Wuzhou site in relation to proposed four projects, kitchen waste, municipal wastewater sludge, residual organic waste from domestic waste, and leachate water in Wuzhou, Guangxi. Both parties signed a Letter of Intent with Wuzhou local government and will sign a formal commercial agreement as well as a project agreement in near future. Also both parties will develop further technical collaboration on more projects in other cities in China in the relevant areas. |