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Xingyuan Environment wins bidding on RMB1.32 bln PPP project in Jiangxi

BEIJING
2015-11-26 15:36

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Xingyuan Environment Co., Ltd (300266.SZ) announced on Thursday that it had won the bidding on an ecological environmental protection Private-Public Partnership (PPP) project of Tuolin Lake in Jiujiang city, central China's Jiangxi Province. Involving a total investment of 1.32 billion yuan, the project is expected to be accomplished at the end of September of 2018, which amounts to 176.06 percent of the company's revenue in 2014. The project is the first batch of 30 PPP projects approved by the Ministry of Finance.

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