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SIIC Environment signs projects involving a total investment of RMB750 mil

Felicia Tan
Felicia Tan4/16/2021 9:8 PM GMT+08  • 1 min read
SIIC Environment signs projects involving a total investment of RMB750 mil
According to SIIC, the signing of the agreement is expected to contribute positively to its performance.
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Mainboard-listed SIIC Environment Holdings has signed projects in Jiaxing City in the Zhejiang Province comprised of the 80,000 tonnes Wastewater Treatment Plant (WWTP) project, 30,000 tonnes Reclaimed Water Plant project and 50,000 tonnes Pre-treatment project.

The company’s indirect 92.15%-owned subsidiary, Pinghu Dushan Wastewater Treatment, on April 7, signed a supplemental agreement on the Pinghu City Eastern WWTP project with Pinghu City Water Affairs Management Center, which involves a total investment of RMB750 million ($153.3 million).

The amount includes the expansion of the first stage of the third phase, new reclaimed water plant project as well as new pre-treatment facilities for a concession period from April 7 to Dec 31, 2046.

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