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CITIC Envirotech secures 2 projects in China

Stanislaus Jude Chan
Stanislaus Jude Chan • 2 min read
CITIC Envirotech secures 2 projects in China
SINGAPORE (Aug 28): CITIC Envirotech announced Wednesday it has secured two build-own-transfer (BOT) projects in China with a total investment value of RMB1.69 billion ($327 million).
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SINGAPORE (Aug 28): CITIC Envirotech announced Wednesday it has secured two build-own-transfer (BOT) projects in China with a total investment value of RMB1.69 billion ($327 million).

The first project will see CITIC undertake the design, construction and operation of water supply pipelines at an investment amount of RMB1.34 billion, to provide an additional water source for the population in Xichang City, located in China’s Sichuan Province.

The project comes with a service concession of 30 years, inclusive of a two-year construction period.

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