China Everbright Water has secured a contract for industrial wastewater treatment Public-private Partnership (PPP) project in Shandong, China.
The scope of work comprises the construction of a new wastewater treatment plant, 38 km pipeline networks and a pumping station. The project will be constructed in 2 phases, and have a combined daily wastewater treatment capacity of 60,000 cubic meters. The project aims to provide industrial wastewater treatment services to those enterprises located in the Western Shandong Economic Development Zone of Shen County.
Under the contract, Everbright Water will hold a 98% equity interest for a cooperation period of 30 years. The Project will be developed under a build-operate-transfer (BOT) model of PPP. The estimated cost of the project is CNY668 million (US$97 million).