ZK International Group Co., Ltd. has signed an initial pipeline infrastructure contract with Huawei Technologies Co. Ltd. for USD 2M.
With the sharp rise in housing costs particularly in Shenzhen City of Guangdong Province, otherwise known as the ‘Silicon Valley’ of China, Huawei has allocated an estimated USD 2B for the construction of housing facilities specifically for its employees. ZK International will be providing its patented water pipeline infrastructure for the development and renovation of the USD 1.516B ‘Songshan Campus Employee Apartment Project’ and as well as renovation work on the USD 561M ‘Suzhou Campus Project’. Along with supplying its proprietary piping material, ZK International will also be providing technical support for the apartments, office buildings and all other facilities associated with the build out.