Leader Environmental Technologies has secured a build-operate-transfer (BOT) contract worth RMB62.5 million ($12.7 million) to treat the municipal sludge from the wastewater plant in Tianjin City, China.

Leader Environmental will form a subsidiary with state-owned enterprise Tianjin Capital Water comprising a 90% and 10% stake respectively to undertake the contract with an exclusive concession of 25 years.

Leader Environmental will provide technology and design and construct a 100 tons/day municipal sludge facility using its proprietary technologies.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook