China CAMC Engineering Wins USD66.4 Million Bid to Help Bangladesh Purify Dhaka Water
(Yicai Global) April 16 -- China CAMC Engineering will build a USD66.4 million water purification plant in the capital city of Bangladesh to help the South Asian nation cope with its reducing reserves of groundwater.>/n/n/n/n/nCAMC Engineering has penned a contract regarding the civil construction project in Dhaka with a joint venture between France's Suez and Veolia Environment, the Beijing-based firm said in a statement yesterday. The deal spans over 3 years and 6 months and the planned daily processing capacity will be 500,000 tons of water.
The Dhaka Water Supply Project, funded by the Asian Development Bank, the French Development Agency, the European Investment Bank and the Bangladeshi government, aims to bring clean water for the rapidly expanding population dealing with diminhing freshwater resources in Dhaka.
The contract will help CAMC Engineering to expand its market share along the Belt and Road countries while developing the water purification market, the firm said, without dclosing the start of the construction. Belt and Road President Xi Jinping's vion of increased connectivity between the former Silk Road nations.
Editor: Emmi Laine