CITIC Envirotech wins $515 mil ecological restoration project in Sichuan province

SINGAPORE (June 24): CITIC Envirotech has won an ecological restoration project contract worth RMB 2.5 billion ($515 milion) in Meigu county, Sichuan province, China.

The engineering procurement and construction (EPC) project will commence in the fourth quarter of 2018 and is expected to be completed by Dec 31 2020. It will contribute positively to the revenue of the group for the financial years from 2018 to 2020.

CITIC Envirotech will undertake the design and construction of essential housing and infrastructure including water supply, wastewater treatment, garbage disposal and other auxiliary facilities in 11 newly designated residential areas in Meigu county.

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