According to Sanfeng Environmental Notice, the Environmental Protection Department of the Hong Kong Special Administrative Region officially signed a project contract with Chongqing Sanfeng Environmental Group Co., Ltd. and China Construction Engineering Co., Ltd. on October 6 after approving the second phase of the Hong Kong Integrated Waste Management Facility project on July 13 [that is, issuing a notice of winning the bid]. The I-PARK2 project was designed to treat 6,000 tons of domestic waste per day, with a total approved price of about HK$21.95 billion. The project uses the NEC4+DBO model. The company and China Construction Hong Kong Joint Venture are responsible for design, construction and operation. The estimated construction period is about 54 months, and the operation period is 15 years.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.