SINGAPORE (Aug 24): China Everbright Water, the environment protection company, has signed an agreement with the Housing and Urban-rural Development Bureau of Xinyi City in Jiangsu Province, to secure Xinyi City Waste Water Treatment Project Phase III.

The project is worth about RMB71 million ($14.5 million) and comprises processing municipal waste water and industrial waste water produced by non-chemical enterprises in a number of areas.

According to the agreement, the project will be invested in, constructed and operated based on the BOT (Build-Operate-Transfer) model.

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