Hongrui Marches into Sewage Treatment, Winning a Bid for ¥1.17B PPP Project - Rain and Sewage Division in the Urban Area & Sewage Treatment Plant in Sihong, Jiangsu
A syndicate led by Hongrui Environmental with Beijing Capital Co., Ltd., China Construction Fifth Engineering Division Co., Ltd. and Nanjing Municipal Design & Research Institute won the bid for the PPP (Public-Private Partnership) project in Sihong County covering Rain and Sewage Diversion in the Urban Area and Sewage Treatment Plant in Economic Development Zone on Oct. 9, 2018. The project which involves ¥1.17B in total investment is to be implemented over a 30-year period. It’s the first water management project in PPP model Hongrui has ever captured since it became a business entity.
The project consists of two parts, i.e. rain and sewage diversion project in the urban area and sewage treatment plant project in Economic Development Zone in Sihong County. While the rain and sewage diversion project will include an around 615 km rainwater pipe network, the sewage treatment plant will be built in two phases, both with a 25,000 t capacity. Upon completion the project will be of great importance to easing environmental pressure on enterprises in Sihong Economic Development Zone, to improving local water quality and to contributing positively to the local ecosystem in general.
All the bidders were famous Chinese companies. Besides Far East Horizon, there were competitors, such as Everbright Water, Sound Group and more. All the syndicates were evenly matched in power. Thanks to its mastery of the local market resources, Hongrui worked against time in the fierce race to investigate the market and pick out the best partners to form a PPP syndicate. At long last, Hongrui took a lead and won out by a large margin by virtue of the support of all its sections and partners.
Winning the bid marks Hongrui’s official transition to the model of proactive market development, resources coordination, project management and operation. Winning out in four soil remediation CFBs (Call for Bid) and a water remediation CFB so far this year, Hongrui promises to invest more in the soil and water remediation market, forging ahead with its environmental strategy and contributing to the restoration of green mountains and clear water in China.