Foundation Capital Awarded Contract to Supply Oil Tanks for Prestigious Zaodu Reservoir Project

HONG KONG - Aug. 24, 2023 - PRLog -- Foundation Capital, a leading global provider of energy infrastructure solutions, is thrilled to announce that they have been awarded the prestigious contract to supply oil tanks to the Zaodu Reservoir project.

This contract will be a massive revenue driver for Foundation Capital; it will require the acquisition and mobilization of hundreds of oil tanks to meet the project's demands. Also, this contract will provide for long-term revenue, considering that it will not be completed for at least 7 years from now.

With a total budget of $14 billion, the Zaodu Reservoir project is a monumental undertaking. The work will involve building a 105m-high dam and a network of water pipelines.

The aim of the scheme is to improve water security, irrigation, and flood control of towns along the Qijiang River, a tributary of the Yangtze.

Foundation Capital's selection as the supplier for the oil tanks underscores their reputation as a trusted partner in the energy industry. The company's expertise, dedication, and long-term reputation in the industry made them the ideal choice for this critical aspect of the project.

"We are honored to be entrusted with the responsibility of supplying the oil tanks for the Zaodu Reservoir," said Evelyn Côte, Project Director at Foundation Capital. "This project aligns perfectly with our mission of providing critical energy infrastructure solutions to address the world's growing energy needs while ensuring an upside to our clients and stakeholders."

By contributing to the efficient transportation of oil to the construction site, Foundation Capital's oil tank equipment and logistics will play a pivotal role in ensuring the seamless operation of the power plant, contributing to the success of the entire project.

The Zaodu Reservoir is expected to have a significant impact on the region's energy landscape, powering industries and businesses, fostering economic growth, and accelerating the pace of industrialization. This vital project is a milestone in the country's journey towards a more sustainable and energy-efficient future.

Insured Assets

When considering investment options, the security and tangible nature of physical assets hold undeniable appeal, particularly in comparison to intangible investments like stocks and cryptocurrencies. One such physical asset, an oil tank, offers a unique opportunity for investors seeking a safe and stable avenue to safeguard their resources.

Unlike stocks and cryptocurrencies, which can experience significant volatility driven by market sentiment and external factors, an oil tank's value remains primarily tied to its inherent utility and the prevailing demand for oil. This stability can make it an attractive choice for risk-averse investors.

The benefits of insuring an oil tank extend beyond mere asset protection. Insurance policies can encompass various facets, including liability coverage, environmental cleanup, and business interruption compensation. Such comprehensive coverage ensures that investors not only secure the value of their investment but also mitigate potential liabilities that may arise in case of accidents or unforeseen events.

Furthermore, insuring an oil tank aligns well with the concept of diversification, which is essential for any investment strategy. While stocks and cryptocurrencies might experience rapid fluctuations, the stability of a physical asset like an oil tank can serve as a reliable anchor within a diversified portfolio, helping to balance risk and potential returns.

Côte explains that, "In a world where market uncertainties abound, insuring an oil tank offers a tangible, pragmatic, and prudent approach to investment. Its correlation with the steady demand for oil, coupled with the protective layer of insurance, makes it an attractive option for those who prioritize both security and returns in their investment endeavors."

About Foundation Capital

Based in Hong Kong, Foundation Capital has been delivering significant returns on investment to clients since 2007.

Their management team members are experts on the energy market – specifically the major investment opportunities that arise from these massive projects that are re-shaping and re-defining countries such as China, India, Japan, Dubai, Saudi Arabia and the US. Foundation Capital specializes in offering their clients monthly cash payments from simple lease and buyback investments. Their clients effectively buy the oil and gas tanks and lease them back to energy transportation firms. Then, at the end of the agreement, clients sell back the tank for what they paid for it.

With a passion for excellence and a focus on environmental stewardship, Foundation Capital continues to shape the future of energy infrastructure, one project at a time.

Foundation Capital Investments
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