Baguio wins EPD contract to provide Smart Recycling Machines with a Big Data Analytics Platform

Feb 23, 2023 | Business

Baguio Green Group Limited (“Baguio” or the “Company”, Stock Code: 01397.HK) is pleased to announce that it has been awarded a 2-year service contract (“Contract”), by the Environmental Protection Department (“EPD”) of the HKSAR Government (“the Government”) for the provision of Smart Recycling Machines (“SRMs”), each with two compartments, and a Big Data Analytics Platform (“the Platform”) to drive the smart city development in Hong Kong.

This Contract marks a significant milestone for Baguio in its development of smart technology solutions for green initiatives. Throughout the years, Baguio has been managing EPD’s traditional 3-colour bins in thousands of locations in Hong Kong. The Company draws upon its invaluable collection experience in designing the SRM to help bring recycling in Hong Kong to the next stage.

The SRMs are connected with the EPD’s GREEN$ Electronic Participation Incentive Scheme to incentivize people with GREEN$ points for recycling. They are equipped with Internet of Things as well as wireless technologies. Transaction data are transmitted back to the back-end system in real time. This improves the efficiency of the recycling operation providing a better service for the community. Fill-level sensors are installed so that the recyclable collection party could arrive just in time to collect the recyclables. Not too early to waste logistics costs and create unnecessary carbon emission. Not too late to create any environmental nuisances. The Platform will also analyze transaction data to help the Government strategically deploy recycling resources at the right time and place to maximize effectiveness.

SRMs will begin to be deployed in the first quarter of 2023. They will be placed in various locations, including but not limited to government premises, public and private housing estates, rural villages, shopping malls, and schools. SRMs can collect a variety of recyclables such as plastics, paper, metal, and glass containers. After the 2-year pilot period, the Government will review the program and may expand it to significantly increase the number of SRMs in Hong Kong.

According to the Government’s Waste Blueprint for Hong Kong 2035, the city has set a target of zero landfill by 2035. To make this happen, it is crucial to see immediate and significant improvements in recycling. The Government’s Hong Kong Innovation and Technology Development Blueprint recently published aims to use smart and green technologies to create a low-carbon and sustainable environment. Baguio envisions significant business opportunities for the Company.

Smart and green technology business is expected to be the one of the growth engines for Baguio. It is also an essential pillar to complete its one-stop solution that includes delivery of people service, smart technology and ESG data to help the Government build a sustainable and greener smart city and to assist our commercial clients to significantly advance their ESG performance. Baguio will continue to develop more innovative products to fully capture the market potential and to grow its green technology business.

About Baguio Green Group

Established in 1980, Baguio Green Group (Stock code: 01397.HK) is one of Hong Kong’s largest and most respected integrated environmental services groups. It provides a full spectrum of professional services including professional cleaning, waste collection & recycling, waste management, green technology, organic fertilizer and animal feed production, horticulture & landscaping, and pest control. It serves a wide range of customers in various sectors including Government departments, statutory organizations and multinational corporations. Fully committed to ESG, the Group works relentlessly to advance sustainable development and create a cleaner, greener, healthier city.


Topic: Press release summary

Sectors: Environment, ESG

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Baguio wins FEHD contracts worth HK$482 million driving total Contracts on Hand to a historical high level

Oct 1, 2022 | Business

Baguio Green Group Limited (“Baguio” or the “Company”, Stock Code: 01397.HK) is pleased to announce that it has been awarded two 3-year service contracts, worth approximately HK$482 million in total, by the Food and Environment Hygiene Department (“FEHD”) of the HKSAR Government for street cleansing services in Mong Kok district and pest control services in Wong Tai Sin district commencing 1 October 2022. The new contracts drive Baguio’s total Contracts on Hand to a historical high level of approximately HK$3.8 billion (as of 30 Sep 2022).

Winning this new FEHD street cleansing contract highlights Baguio’s position as a leading player in the Hong Kong cleaning market. The Company now provides FEHD street cleansing services in a total of eight Hong Kong districts, which have a total population of approximately 2.8 million. The newly won pest control services contract extends the Group’s pest control services to four districts in Hong Kong, which have a total population over 1.2 million. These contracts not only provide solid business growth for the Group’s core business over the next three years, but they also further strengthen Baguio’s leading position in Hong Kong.

With the HKSAR government’s high emphasis on environmental hygiene, a three-month citywide clean-up campaign was launched in August 2022 with a District Matters Co-ordination Task Force set up to address and tackle district-based issues such as hygiene blackspots, street obstruction blackspots, environmental problems and cityscape improvement. As one of Hong Kong’s largest integrated environmental services groups, Baguio has the capacity to provide the highest environmental hygiene standards for the HKSAR Government to create a clean and sustainable environment.

Ms. Ng Yuk Kwan Phyllis, CEO of Baguio, said, “Baguio is honoured to be awarded the new FEHD service contracts for street cleansing and pest control services. These contracts reflect the Government’s recognition of the Group’s high professional service standards. They also provide a solid foundation for the Group’s business growth over the next three years. Under these new contracts, Baguio will utilise innovative smart technologies, including high-tech disinfection and pest control facilities as well as automated intelligent cleaning technologies. Looking ahead, the Group is proud to contribute to improving environmental hygiene in Hong Kong and making Hong Kong a leaner, greener and more sustainable city.”

About Baguio Green Group

Established in 1980, Baguio Green Group (Stock code: 01397.HK) is one of Hong Kong’s largest and most respected integrated environmental services groups. It provides a full spectrum of professional services including professional cleaning, waste collection & recycling, waste management, green technology, organic fertilizer and animal feed production, horticulture & landscaping, and pest control. It serves a wide range of customers in various sectors including Government departments, statutory organizations and multinational corporations. Fully committed to ESG, the Group works relentlessly to advance sustainable development and create a cleaner, greener, healthier city.






Topic: Press release summary

Sectors: Environment, ESG


http://www.acnnewswire.com

From the Asia Corporate News Network

Copyright © 2022 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.