Information contained in this news release is current as of the date of the press announcement, but may be subject to change without prior notice.
October 14, 2015
Tokyo, Japan, October 14, 2015 --- Dai Nippon Construction (“DNC”) and Hitachi, Ltd. (TSE:6501, “Hitachi”) announced today that a joint venture formed between DNC and Hitachi has received an order from Kumul Consolidated Holdings (formerly Independent Public Business Corporation) in the Independent State of Papua New Guinea (Papua New Guinea) for sewage water treatment infrastructure facilities in Port Moresby, the Capital of Papua New Guinea. The total value of the order is approximately 13.3 billion yen*1. This project will be undertaken through an Official Development Assistance (ODA) loan from the Japanese government.
At present, sewage in the coastal area of Port Moresby is released into the ocean without being sufficiently treated. This has resulted in a deterioration of the hygienic environment in coastal regions, as well as damage to the marine environment, including the bleaching of coral reefs. The goal of this project is to improve urban and lifestyle hygiene in the city of Port Moresby, and to secure the water quality required for the inhabitation of coral reefs. Project operations will include the construction of a sewage water treatment plant with a treatment capacity of 18,400m3/day, ocean outfall, access road, trunk sewer pipeline and branch sewer networks, as well as construction and rehabilitation of pump stations. DNC will be in charge of civil engineering, building construction, and mechanical/electrical installations, while Hitachi will be responsible for the design and delivery of mechanical and electrical facilities.
This will be the first ODA project in the water field to apply the Special Terms for Economic Partnership (STEP)*2. The order was secured based on recognition of the technical capabilities and expertise possessed by both DNC and Hitachi.
By participating in this project, DNC and Hitachi will contribute to the advancement of social infrastructures in Papua New Guinea, and to the preservation of the marine environment.
Dai Nippon Construction, headquartered in Gifu, Japan, engages in civil engineering and building construction works and contributes to development of infrastructure in all over the world. The Company has completed three infrastructure projects in Papua New Guinea and is currently engaged in the Project for Rehabilitation of Madang Town Market. For more information on DNC, please visit the company's website at http://www.dnc.co.jp/en.
Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society's challenges with our talented team and proven experience in global markets. The company's consolidated revenues for fiscal 2014 (ended March 31, 2015) totaled 9,761 billion yen ($81.3 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes power & infrastructure systems, information & telecommunication systems, construction machinery, high functional materials & components, automotive systems, healthcare and others. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.
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