Manufacturing Industry
CHINA: JOINT VENTURE PLANS FOR PROPOSED 10,000 CUBIC FEET PER DAY BUILD-OPERATE (BO) WATER TREATMENT PLANT, EARTH TECH INC. [USA] & CHANGLI WATER SUPPLY CORP. [CHINA] - Order #: 111098.
WWP-Report on Engineering Construct & Plant Operations in the Developing World, November, 1998
PROJECT OVERVIEW:
A Sino/American joint venture was recently established in view of building a water treatment plant in Changli County, Hebei province. The new facility is intended to provide clean running water to the country and adjacent resorts. The partners in the planned venture include U.S.-based EARTH TECH INC. and the local CHANGLI WATER SUPPLY CORP. In so doing, the project is to be implemented on the basis of a build-operate (BO) scheme which is expected to last for 20 years.
According to the terms of the collaborative agreement, EARTH TECH will invest about $20,000,000 into the project over the next 3 to 5 years. The investment in question is intended to enable the construction of the water supply plant as well as the provision of...
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