Sinopipe Holdings, the designer and manufacturer of plastic pipes and pipe fittings, announced that, through it’s 99.1% owned subsidiary, Fujian Aton Advanced Materials Science and Technology Co., signed a Build-and-Transfer contract with the municipal government of Mengjin county of Luoyang city in Henan province.

The project is worth about RMB 100 million ($19.8 million) in total construction and development fees. The project will consist mainly of the installation of plastic pipes and pipe fittings produced by the group for water supply, drainage and sewerage and telecommunication.

Work on the project is expected to start within the next few months and be completed over four months.