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China Everbright Water leads consortium to undertake $194 mil Suizhou PPP project

PC Lee Published on Tue, Mar 28, 2017 / 6:11 PM GMT+8

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SINGAPORE (March 28): China Everbright Water says a consortium led by the company has entered into joint venture and Public-Private Partnership (PPP) agreements for the Hubei Suizhou High-Tech Industrial Park Piaoshui and Fuhe River Basin Integrated Water Environment Restoration Public-Private Partnership Project, otherwise known as the Suizhou PPP Project.

The total investment amount for the Suizhou PPP Project is estimated to be RMB956 million ($193.6 million). The investment amount will be contributed by the project company through internal resources and external financing.

The Suizhou PPP Project will involve the investment, financing, design, construction, operation and management and maintenance of the landscape and greeneries of both banks of the Fuhe River for a concession period of 13 years, including the two-year construction period.

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China Everbright Water leads consortium to undertake $194 mil Suizhou PPP project