Everbright Water secures Nanjing Pukou Industrial Waste Water Treatment Project Phase I
China Everbright Water Limited, an environmental protection company focusing on integrated environmental water services, has announced that it has secured Nanjing Pukou Industrial Waste Water Treatment BOT Project Phase I.
The company will establish a joint venture with Jiangsu Zhongbo Investment Development Co., Ltd. through their respective subsidiaries. Everbright Water and Jiangsu Zhongbo will hold equity stake of 60% and 40% respectively in the project company which will be responsible for the operation of the Phase I of the project.
The project will mainly treat waste water from the integrated circuit industry zone in Pukou Economic Development Zone, Nanjing (China). The project has a total contractual daily waste water treatment capacity of 40,000 m3 and will be constructed in phases. Phase I of the project has a designed daily waste water treatment capacity of 10,000 m3 and will be constructed on a Build-Operate-Transfer (BOT) basis with a concession period of 20 years.
The total investment of the Phase I is approximately CNY62 million (US$9.31 million) and the water discharge will comply with the national Grade 1A standard. The Phase I is expected to complete construction and commence operation in June 2017.
Mr. Wang Tianyi, Executive Director & Chairman of Everbright Water, said:
"Everbright Water has already secured Nanjing Pukou Waste Water Treatment Project (Phase I, II and upgrade), Nanjing Liuhe Waste Water Treatment Project (Phase I and II) and Nanjing Pukou Reusable Project with a total designed daily treatment capacity of 140,000 m3. Winning of this Pukou Industrial WWT Project would further increase Everbright Water’s scale of water projects in Nanjing as well as enhance Everbright Water’s brand influence in Nanjing and the surrounding areas. It is also of great strategic significance to the Company in expanding its business areas. Everbright Water will continue to uphold engineering excellence, first-class technical standards and efficient management style to contribute to the economic development and green ecology in Nanjing city and Jiangsu province."
Country news
-
-
August 24, 2016
CSCEC wins airport road project in China
China Construction Fifth Engineering Division Corp., Ltd (CSCEC 5th Bureau) has announced it has won the bid for the PPP Project of Zhangjiajie Airport 2nd Link Expressway and Yangjiajie Road (China). Read more -
August 08, 2016
Kangda International announces wastewater PPP
Kangda International Environmental has announced that Yunan County Environmental Protection Bureau, Kangda Group and Guangdong Liangke have recently initiated the PPP Project Agreement in respect of a PPP wastewater project after a competitive consultation process. Read more -
August 05, 2016
China Railway announces victory in metro PPP
The capital of the project is approximately 50% of the total investment of the project and the shareholding of the government and the consortium in the project company is 49%:51%. Read more -
August 04, 2016
IFC commits up to $200 million to IFC Emerging Asia Fund with investors from Fiji and Korea
IFC, a member of the World Bank Group, has committed up to US$200 million to the IFC Emerging Asia Fund (EAF), which has reached a first close. IFC is joined by the Korea Development Bank (KDB) and the Fiji National Provident Fund (FNPF). Central to the EAF is mobilizing additional capital in emerging markets of the Asia region, given the scale of investment, innovation, technological development and employment creation required for sustainable development in many low and middle income countries in the region falls beyond the range of the public sector, making the private sector central to finding and financing the development solutions that are needed. Investments by the EAF will be aligned to IFC’s strategy for the region, which includes a focus on addressing the infrastructure deficit, and at the same time it will also help investee companies raise standards, improve risk mitigation and generate value. The new global architecture for international development, the Sustainable Development Goals, launched at the United Nations in 2015, highlights that financing sustainable development requires low and middle income countries tap new sources of capital from both private and public sources, including leveraging global private capital to most skillful effect. Two thirds of the world’s poorest people live in emerging Asia and yet it is the engine room of global growth being the fastest growing region and the largest continental economy by GDP in the world. This growth is a function of favorable dynamics such as the continued need for enhanced infrastructure, the emergence of a rapidly growing middle class and commitments by many governments in the region to political and economic reform. Combined, these dynamics have created significant opportunities for investment in the region including China, India, Indonesia, Philippines and Asian frontier markets such as Vietnam and Myanmar. Read more -
July 28, 2016
Legal firm Jones Day bolsters its integrated projects, energy, and finance capabilities in Asia
The global law firm Jones Day has announced the addition of five partners in Asia with extensive experience related to large infrastructure projects, banking and finance, and energy transactions. James Harris, Julien Reidy, Bruce Schulberg, and Alex Cull will join in Singapore, and Kanyi Lui will join in Beijing (China). Read more
