China Everbright Water was awarded drinking water protection PPP project in Tongxiang city, Zhejiang province in China. The scope of the project involves the development of a wetland ecological engineering project, a water pumping station, and a 30-kilometer raw water pipeline network connected to two water plants. The concession term is 20 years.
China Everbright Water will own 79.9% share of the project company. The investor representative from the Tongxiang city local government - Tongxiang Water Group - will hold a 20% stake. CCCC Shanghai Dredging will own the remaining 0.1%.
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