Water Ways Technologies Inc., a global provider of Israeli-based agriculture technology, providing water irrigation solutions to agricultural producers, announces that the Company’s Chinese subsidiary (in which the Company hold 73% interest), IRRI-AL TAL (Shanghai) Agriculture Technology Company Ltd., has received an order to install a 250,900 m2 turnkey blueberries irrigation project in the People's Republic of China. IAT Shanghai is expected to deliver and install the project during Q3 of 2022. The total value of the project is approximately C$730,000.
The order was received from a Chinese blueberries cultivator following the successful implementations of several blueberries irrigation projects in China and Mexico. The Company expects to recognize revenues from the project during Q2 and Q3 of 2022.
Ohad Haber, Chairman and Chief Executive Officer, commented: "We focus our business on high value crops given that the profits to the Company are higher especially in the growing worldwide blueberries business. We are developing a reputation for being a leader in delivering irrigation systems that are tailor-made for enhancing yield and crop quality for high value crops. This is our third project in China, and our fourth blueberries irrigation project."
For more information:
Ronnie Jaegermann
Water Ways Technologies Inc.,
Tel: +972-54-4202054
ronnie@waterwt.com
water-ways-technologies.com
hg-wwt.com
Twitter: @WaterWaysTechn1