Binzhou Dongiao Water
Sector: Water Supply and Storage • Location: China
Source: World Bank Group
In 1998, Cathay International Water (CIW), a subsidiary of Cathay International Holdings of Hong Kong, was awarded a 20-year concession contract for the operations and management of the 40,000 cubic meters per day capacity Dongiao water treatment plant in Binzhou city, Shandong Province.
To implement the contract, a joint venture project company was formed between CIW (60%) and the Binzhou Muni
- Status
- Failure
- Sector
- Water Supply and Storage, Waste Processing and Treatment, Government
- Location
- China
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | Cancelled |
Taiyo status | Failure |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | In 1998, Cathay International Water (CIW), a subsidiary of Cathay International Holdings of Hong Kong, was awarded a 20-year concession contract for the operations and management of the 40,000 cubic meters per day capacity Dongiao water treatment plant in Binzhou city, Shandong Province. To implement the contract, a joint venture project company was formed between CIW (60%) and the Binzhou Municipality (20%). The total project cost was US$9.9 million. The project was given a guaranteed rate of return of 16.5%. However, in 2002 the Chinese Government ruled that guaranteed rates of return promised to investors for infrastructure projects were illegal and the project was subsequently canceled. None None |
Original sector | Water and sewerage |
Procurement method | |
Budget |
Location
Country | China |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Water Supply and Storage, Waste Processing and Treatment, Government |
Article published date | 2024-09-24 |
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