SINGAPORE (Dec 31): China Everbright Water says three of its projects in Jiangsu Province, China, will be receiving a total of RMB42.68 million ($8.5 million) in government subsidies for 2018, which the group intends to use in full for project construction.

The bulk of the subsidies will go to China Everbright’s Zhenjiang Sponge City Project, which has been granted RMB30.8 million.

This project comprises up to 70 construction sub-projects which have commenced construction from Aug 2016, and have since been approved for an aggregate of over RMB70 million subsidies of various types.

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