Following its acknowledgement of the Letter of Intent (“LOI”) on Jan. 17 issued by the Consultant, CWE inked on the project contract agreement for the overall external wall repair work (“the work”) at Chi Fu Fa Yuen, Pok Fu Lam, Hong Kong on Jan. 29, 2019.

The work, covering repair of concrete facing, replacement of wall tiles, defect rectification of internal concrete cracks and reinforcement steel, maintenance of above-ground drainage system, rehabilitation of fire-control/water-resistant facilities and windows, etc., is expected to be commenced by the end of March 2019, and due to be completed within 1,200 calendar days.

Being the largest ever in contract sum in CWE’s local history, this project means a great deal to further the practice of localization in HK, and has laid a solid foundation for CWE’s business sustainability in this area.

(Translator: Liang Xingyong, Proofreader: Ma Li)