Binh Duong composting plant and WTE facility

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The project entails the construction and operation of a composting plant and waste-to-energy (WTE) facility in Binh Duong province in Vietnam. The composting plant will have a processing capacity of 840 tons daily while the WTE facility will be able to process 200 tons of industrial and municipal solid waste per day. Output from the compost facility will be sold as fertilizer for agricultural use. The WTE plant will be able to generate 5MW of electricity, which will be used for in-house use at the South Binh Duong Solid Waste Treatment Complex. Sponsor of the project is water-supply and waste-treatment company Binh Duong Water Environment Joint Stock Company (BIWASE). The financing comprises $7 million from ADB’s ordinary capital resources and, $6 million from the Leading Asia’s Private Infrastructure Fund (LEAP) administered by ADB and funded by JICA. The financing package also includes a parallel co-financing of $7 million from JICA. Financial close was achieved on 9 December, 2022. https://www.jica.go.jp/english/news/press/2022/20221212_30.html https://www.adb.org/news/adb-biwase-sign-loan-support-sustainable-waste-management-binh-duong-viet-nam