China Everbright Water Wins Jiangsu Wastewater Project

MT Newswires08-16

China Everbright Water (SGX:U9E, HKG:1857) secured a phase 1 project for the Jiangsu Jiangyin Lingang Industrial Wastewater Treatment Plant in China, according to a Friday filing on the Singapore Exchange.

The 473 million yuan contract covers design, procurement, construction, and operation, with Everbright Water managing operations and collecting fees over eight years.

With a total capacity of 60,000 cubic meters per day, the plant will develop wastewater treatment and recycling in the Lingang Economic Development Zone.

This project supports green industrial development and improves local water quality, the filing said.

The wastewater treatment company's shares rose past 2% in recent Friday trade in Singapore.

Price (HKD): $0.24, Change: $+0.01, Percent Change: +2.13%

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