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Yongtai County Wastewater Treatment System

Sector: Water Supply and Storage • Location: China

Source: World Bank Group

Project
Active

The project involves the investment, financing, construction, operation and maintenance of wastewater treatment system in Fuzhou, Yongtai County, Fujian Province of China. The designed capacity is 7,170 tons/day (2,617,050 tonnes per year). The SPV is called Fujian Qidao Environmental Protection Technology Co., Ltd and is owned by Fujian Strait Environmental Protection Group Co., Ltd with 93.99% s

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The project “Yongtai County Wastewater Treatment System” 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

The project involves the investment, financing, construction, operation and maintenance of wastewater treatment system in Fuzhou, Yongtai County, Fujian Province of China. The designed capacity is 7,170 tons/day (2,617,050 tonnes per year). The SPV is called Fujian Qidao Environmental Protection Technology Co., Ltd and is owned by Fujian Strait Environmental Protection Group Co., Ltd with 93.99% stake, Fujian Yida Engineering Survey and Design Institute Co., Ltd with 0.01% stake, Fujian Yijian Group Co., Ltd with 1% stake and state owned Yongtai County Urban and Rural Construction Development Co., Ltd with 5% stake. The project cost amounts to CNY 151.89 million or $ 22.15 million. The project is structured under BOT model for a concession period of 20 years which includes 2 years construction period. The return mechanism is government payment. Financial close was reached on 8 January 2019. http://www.cpppc.org:8083/efmisweb/ppp/projectLibrary/getProjInfoNational.do?projId=cd5dd3e6dc3c4e7fa841cba2459541f9

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