Aqualia Bengbu Wastewater

Active

Prospective

In August of 2005, Fomento de Construcciones y Contratas SA (FCC) of Spain, through its water subsidiary Aqualia, was awarded a 25-year concession contract to rehabilitate, build and operate wastewater treatment plants in Bengbu, Anhui province. Under the contract, a population of 2,000,000 inhabitants was to be served. To implement the contract, a 50-50% joint venture project company was formed between Aqualia and the local state-owned BCCA. The JV was to be responsible for: Managing the wastewater treatment plant no.1 in Bengbu with a capacity of 100,000 cubic meters per day; building and managing an enlargement to the plant which was to bring its capacity to a total of 200,000 cubic meters per day; designing, building and managing the two phases of the Yantaizi Plant (Bengbu No2) with a final capacity of 200,000 cubic meters per day. Investment in the project was expected to total euro 49 million (US$60.6 million) and Aqualia expected to earn revenues totalling euro 500 million over the life of the contract. Work was to begin early in 2006.

Water and sewerage

China

High

World Bank Group

Project

Commercial, Water Supply and Storage, Government, Waste Processing and Treatment