Paris, November 12, 2007
. Veolia Environmental Services Asia has won a 30-year build-operate-transfer concession for a new household waste storage center for the Jiujiang municipality in Jiangxi province, in southeast China. Veolia Environmental Services total investment is estimated at 37 million euros. The contract represents cumulative total revenues for Veolia Environmental Services Asia of almost 140 million euros.
The storage plant, which will be the only household waste treatment plant in Jiujiang to date, will boast a treatment capacity of 800 t/day. Thanks to a total capacity of 15.7 million cubic meters, Veolia Environmental Services Asia will treat the waste generated by the one million inhabitants of the city of Jiujiang and the population of four neighboring districts. Veolia Environmental Services will also be treating the sludge generated by the municipal wastewater treatment plant.
Denis Gasquet, CEO of Veolia Environmental Services, said: "Thanks to its geographical, natural and human strengths, the region of Jiangxi is a benchmark in the transition between the farming model and industrial development. It is devoting its efforts to promoting an effective mix of economic development and environmental conservation. With this first contract in southeast China, Veolia Environmental Services is proud to support the Jiujiang municipality in this transition and give it the help it needs to achieve sustainable success."
Veolia Environmental Services, the division of Veolia Environnement in charge of waste management business, is the only provider of a full range of services for hazardous and non-hazardous solid and liquid waste all over the world. The company provides waste management and logistics services (collection, pipe systems maintenance, cleaning, waste flow management), as well as materials recovery and recycling. Veolia Environmental Services generated revenue of €7.4 billion in 2006. www.veolia-proprete.com
Veolia Environnement is world leader in environmental services. With more than 300,000 employees the company has operations all around the world and provides tailored solutions to meet the needs of municipal and industrial customers in four complementary segments: water management, waste management, energy management and freight and passenger transportation. Veolia Environnement recorded revenue of €28.6 billion in 2006. www.veolia.com
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