Saigon Water Corporation (Sawaco) on Tuesday struck a deal with U.S.-based Astro Systems Group to renovate information technology and communications for the city’s water supply system under a project costing US$650,000.
Under the agreement, Astro Systems will support Sawaco to improve the system of supervision and data collection on water distribution in districts. Besides, the U.S. firm will also help Sawaco prepare its business strategy.
The project will be deployed in six months. Of its total cost of US$650,000, some US$593,000 is provided by the U.S. Trade and Development Agency as non-refundable capital and the balance from Sawaco.
Sawaco is going to execute another environmental plan in which a sludge treatment plant for the city’s water plants will be constructed with total investment of US$50 million, Tran Dinh Phu, general director of the firm, told the Daily on Tuesday.
Sawaco has already borrowed US$18 million from the Belgian Government and has also asked the Asian Development Bank for the remaining capital to have the project getting off the ground early next year, Phu said.
(Sai Gon Times)