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Yinchuan Wastewater Treatment Plant Concession Project

Sector: Water Supply and Storage • Location: China

Source: World Bank Group

Project
Active

On September 29, 2011, a Malaysia based company, Taliworks Corporation formally signed an agreement with the Yinchuan Municipal Government to operate 4 wastewater treatment plants under the Yinchuan Wastewater Treatment Company with a total capacity of 500,000 cubic meters per day. The total investment is 30 years and Taliworks pays RMB 810 million (US$ 123.79 million) to win the concession follow

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The project “Yinchuan Wastewater Treatment Plant Concession Project” 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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Description

Description

On September 29, 2011, a Malaysia based company, Taliworks Corporation formally signed an agreement with the Yinchuan Municipal Government to operate 4 wastewater treatment plants under the Yinchuan Wastewater Treatment Company with a total capacity of 500,000 cubic meters per day. The total investment is 30 years and Taliworks pays RMB 810 million (US$ 123.79 million) to win the concession following an open bidding process. Although a local private company partners with Taliworks in winning the bid, it seems Taliworks becomes the only concessionnaire under the agreement. A project company, Taliworks (Yinchuan) Wastewater Treatment Co., Ltd. was established to undertake the concession agreement.

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High

Data quality score

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URL

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