Reconstruction and upgrade of Henghe sewage treatment plant in Fuping County, Baoding City

Active

Prospective

The project involves the reconstruction and upgrading of the Henghe Sewage Treatment Plant and the second-stage construction project of Fuping County, Baoding City, Hebei Province of China. The plant's capacity will be 16,000 cubic meters/day. The SPV is called Fuping Hengrun Ecological Technology Co., Ltd and owned by 2 sponsors: state-owned Fuping County Henghe Sewage Treatment Plant with 36% stake and Hebei Zhongbao Construction Group Co., Ltd with 64% stake. The project cost amounts to CNY 74.5 million or $ 10.8 million. The project is structured under BOT model for a concession period of 30 years (of which construction period is 1 year and operation period is 29 years). The return mechanism is a feasibility gap subsidy. The project implementation agency is the Fuping County Housing and Urban-Rural Construction Bureau. The project company will hand over the facilities to the agency or any other government-designated department for free upon the end of the contract period. Financial close was reached on 15 July 2019.

Water and sewerage

World Bank Group

Project

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