China Everbright Water wins concession deal for waste water treatment plant in Shandong

CHINA Everbright Water has landed a 30-year concession agreement for a waste-water treatment plant in the Luozhuang Economic Development Zone in Linyi city in Shandong province.

In a filing to the Singapore Exchange on Tuesday (Aug 30), China Everbright said that it has entered into an agreement with the Linyi Luozhuang Housing and Urban-Rural Development Bureau and the Luozhuang Economic Development Zone Management Committee for the project, which will require an investment of about RMB 259.41 million (S$52.45 million).

The investment will be funded through a mix of internal resources and external financing.