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Xiamen Desalination

Sector: Water Supply and Storage • Location: China

Source: World Bank Group

Project
Active

In March of 2003, Sinomem Technology Ltd. (Sinomem) of Singapore was awarded a contract to build and operate a 5,000 cubic meters per day capacity seawater desalination plant by the Xiamen municipal government.

To implement the contract, Suntar Desalination was formed as the project company in which Sinomem took a 30% stake while the Xiamen Resources Group, wholly owned by the Xiamen municipa

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The project “Xiamen Desalination” is an infrastructure initiative in the Water Supply and Storage sector, located in China. Taiyo aggregates data on it from World Bank Group.

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Participants

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active

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Description

Description

In March of 2003, Sinomem Technology Ltd. (Sinomem) of Singapore was awarded a contract to build and operate a 5,000 cubic meters per day capacity seawater desalination plant by the Xiamen municipal government. To implement the contract, Suntar Desalination was formed as the project company in which Sinomem took a 30% stake while the Xiamen Resources Group, wholly owned by the Xiamen municipal government, held on to the remainder. The total cost of the project was S$3 million (US$1.7 million). Financial closure was reached in June of 2003 when Sinomem sucessfully listed on the Singapore stock exchange, raising S$44-million (US$25.5 million) to fund the desalination plant and other operations. The plant was expected to become operational by 2004. None None

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Source reliability

High

Data quality score

100%

Source

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URL

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