China Everbright Water, an environmental protection company focusing on water environment management, announced it has recently secured Ji'nan International Centre for Medical Sciences Waste Water Treatment Project Phase I in Shandong Province. The project commands an investment of approximately RMB320 million ($67.6 million).
Ji'nan Medical Centre Project Phase I will be invested in, constructed and operated based on a Build-Operate-Transfer ("BOT") model, for a concession period of 30 years (inclusive of construction period). The concession area of the project covers the Taipinghe area, Meili area and Emei area within the Ji'nan Medical Centre area. With a designed waste water treatment capacity of 50,000 m3/day, the project will be constructed fully underground and will provide municipal waste water treatment services for the concession area. Several indicators of the discharged water, namely COD, NH3-N and TP, will be superior to the national Grade 1A standard according to the Discharge Standard of Pollutants for Municipal Wastewater Treatment Plant (GB18918-2002) ("national Grade 1A standard"), with other indicators complying with the national Grade 1A standard.
Ji'nan Medical Centre Project Phase I will help improve the waste water treatment facilities within the Ji'nan Medical Centre area to meet the area's increasing demands for water treatment in the future. Additionally, securing the project has boosted Everbright Water's aggregate designed water treatment capacity in Ji'nan City to more than 1,500,000 m3/day, further enhancing the Company's local water treatment service capability. This also has positive impacts in enhancing synergy among Everbright Water's projects in Ji'nan and solidifying the Company's local market position.
