STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
Sweco (STO:SWECA)(STO:SWECB) has been chosen to plan and design a new wastewater treatment plant in Om Noi, a satellite city of Bangkok. In the future, the new plant will treat wastewater for 350,000 residents.
“There is an urgent need to improve the systems for wastewater treatment in Thailand, not least outside Bangkok. Sweco worked in Bangkok with wastewater treatment for the capital city during the 1990s, and the recently signed contract could represent the first in a series of new assignments in the country,” says Eva Nygren, President of Sweco Sweden.
The project is being carried out on behalf of Thailand’s Wastewater Management Authority under the Ministry of Natural Resources and Environment. Sweco’s contract is worth approximately EUR 550,000.
Consulting services for the project will be partly funded by the Government Offices of Sweden’s Project Export Secretariat within the Ministry for Foreign Affairs.
“The project will further strengthen the already good relations between Thailand and Sweden,” says Ambassador Victoria Jacobson, Director of the Government Offices of Sweden’s Project Export Secretariat.
Sweco is an international consulting group with combined expertise in consulting engineering, environmental technology and architecture. Sweco has around 6,000 employees in 11 countries and recorded annual sales of approximately SEK 5.3 billion in 2010. The company has projects currently underway in some 80 countries worldwide. Sweco is listed on NASDAQ OMX Stockholm AB.
The information contained herein may be subject to the disclosure requirements in the Swedish Securities Exchange and Clearing Operations Act and/or the Financial Instruments Trading Act.
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