HONG KONG, Sept. 15, 2026 /PRNewswire/ -- SUS ENVIRONMENT has signed a Memoranda of Understanding (MOU) with Standard Chartered and Uzbekistan's state-owned Asakabank, marking a new step in strengthening business connections between Hong Kong SAR and Central Asia and advancing sustainable development in the region.

The cooperation brings together SUS ENVIRONMENT's expertise in environmental infrastructure with the financial capabilities and regional market strengths of the two banks. It is expected to open new opportunities across trade, treasury management, financing and liquidity, supporting the development of green projects and deeper cross-border collaboration.

Central Asia has become an increasingly important part of SUS ENVIRONMENT's global business. In Uzbekistan, the company is investing in and developing waste-to-energy projects in Samarkand and Kashkadarya, each with a designed waste treatment capacity of 1,500 tonnes per day. By turning municipal solid waste into clean energy, the projects are expected to improve local waste management while contributing to greener and more sustainable urban development.

The latest cooperation also builds on SUS ENVIRONMENT's established relationship with Standard Chartered. In 2025, SUS ENVIRONMENT completed the initial US$175 million fundraising for China's first sustainability-linked syndicated loan in the waste-to-energy sector, with Standard Chartered serving as sole mandated lead arranger and bookrunner.

For SUS ENVIRONMENT, these partnerships go beyond finance. By combining international financial expertise, local market insight and environmental solutions, the company aims to help sustainable ideas move from plans to real projects.

Looking ahead, SUS ENVIRONMENT will continue working with global and local partners to explore new cooperation opportunities, deepen the Hong Kong SAR–Central Asia business corridor, and contribute to the global green transition and sustainable development.

About SUS ENVIRONMENT

SUS ENVIRONMENT is the world's largest provider of waste incineration equipment and technology, as well as one of the top three investors and operators of waste-to-energy plants (low-carbon Eco-industrial parks) globally. 

As of December 2025, SUS ENVIRONMENT has established 11 management centers worldwide, providing environmental and energy services to over 100 million people. It has invested in and constructed over 90 waste-to-energy plants (low-carbon Eco-industrial parks), with a daily processing capacity nearly 120,000 tonnes of municipal solid waste. The annual green power generation is approximately 20,000 GWh, sufficient to meet the annual electricity needs of nearly 8 million households. Its equipment and technology are applied in over 300 waste-to-energy plants across the world, with a daily capacity over 300,000 tonnes of municipal solid waste.