Strongbox Wins Mega Contract In China

The Hong Kong Construction-Leasing Company Wins Contract To Lease Construction Equipment For Third West-East Gas Pipeline Middle Section (Zhongwei-Ji'an) Natural Gas Pipeline
April 12, 2022 - PRLog -- Strongbox is proud to announce its collaboration in the new gas pipeline project in China.

The project involves the construction of a 2,090km gas pipeline with an annual transmission capacity of 25 billion cubic meters (BCM) between Zhongwei in Ningxia and Ji'an in Jiangxi, China for a total amount of $7,068m.

As the pipeline will pass through many mountainous and disastrous geological and geomorphological areas, PipeChina has raised its requirements on construction work in several areas, such as construction goals, technological innovations, quality and safety, environmental protection, establishment of a criteria system and smart pipeline network application.

The completion of this project should occur in Q4 2028.

Pierre Rolland, spokesperson for Strongbox, declared: "We are pleased to have been chosen to supply equipment for this project, after all this is a new huge opportunity for Strongbox to work in China again. This deal will generate a sustainable income stream for our equipment owners and, of course, ourselves and might open brand new opportunities and market to us."

About StrongBox

The company has been in business since 2003 and is a premier heavy machinery and construction equipment provider to large companies, enterprises, and government organizations.

72% of all construction equipment is rented, and Strongbox provides a complete range of construction machines which are essential to any construction project.

StrongBox's leasing solutions offer affordable ways for companies to acquire the equipment they need to execute large jobs without needing large amounts of capital to buy the equipment. StrongBox's extensive inventory includes all equipment today's construction industry requires.

StrongBox's business model delivers much-needed equipment to construction companies without incurring massive overhead, and it provides private investors unique access to booming global construction markets and the double-digit profits the construction market is delivering. By offering private investors access to this market, StrongBox increases its market share, thereby strengthening its growth.

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Tags:Rental Investments
Location:Kowloon - Hong Kong
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