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China Everbright wins $250 mil drinking water sources protection PPP project in Zhejiang

Michelle Zhu
Michelle Zhu5/28/2019 07:50 AM GMT+08  • 2 min read
China Everbright wins $250 mil drinking water sources protection PPP project in Zhejiang
SINGAPORE (May 28): China Everbright Water says it recently secured the Zhejiang Tongxiang West Area Drinking Water Sources Protection Public-Private Partnership (PPP) project, which comes with an investment of RMB1.253 billion ($250 million).
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SINGAPORE (May 28): China Everbright Water says it recently secured the Zhejiang Tongxiang West Area Drinking Water Sources Protection Public-Private Partnership (PPP) project, which comes with an investment of RMB1.253 billion ($250 million).

This marks China Everbright’s foray into the business of drinking water sources wetland protection, says the group in its filing on Tuesday, aside from being its first environmental water project in the Zhejiang province.

The group intends to establish a 79.9%-owned project company with the government of Tongxiang city and a consortium from the private sector that includes China Everbright.

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