Project Details

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Results Chart for Delivery Method and Financing

Delivery Method

DBFOM All Private Finance
# of Projects: 1
100% of the Results

Background informationProject Created: January 6, 2009

Project Name: Hong Kong Chemical Waste Treatment Plant
Year in Operation: 1993
Sector: Water & Waste
Subsector: Wastewater
Status: In Operation
Type: New Facility
Description: First integrated Chemical Waste Treatment Center in South East Asia. 15 year contract for design, construction, O&M. Located on Tsing Yi Island, west of Kowloon, with the capacity to separate oil/water; treat water based chemical wastes such as acids, alkalis, heavy metals, and salts. Facility's purpose is to permit cheap disposal by small chemical waste generators -- those that are not either required to treat at the source or that are so small that such treatment is cost prohibitive.
Delivery Method as described in the country where it's located: Design Build Operate
Is the project still active: Yes
Comments: Procurement process similar to four (4) strategic landfills, fourteen (14) waste transfer stations. Purpose is to reduce chemical waste in general wastewater, and to reduce chemical waste in landfills.

Project Locations

Address:
City: Tsing Yi
State:
Country: China, People's Republic of

Address:
City: Tsing Yi
State:
Country: Hong Kong, Special Administrative Region of China

Souces of Project Support (Non-monetary)

Checkbox Checked Access to Land
Checkbox Checked Revenue Stream (Cash Flow) Protected Through Long Term Commitment(s) of Public Sponsor(s): Government guarantees a specific minimum volume of refuse to be delivered to the landfill over the life of the operating portion of the contract and also agrees to pay specific tipping fees during the same period. Payments are contingent on consistent completing with technical performance requirements established prior to the formation of the contract. Operator is required to detect violations, and repair the facility at its expense, along with specific penalties and/or reductions in payments.
Checkbox Checked Environmental Clearance

Souces of Project Support (Monetary)

Checkbox Checked

From Private Capital Markets Directly to Producers as Debt: Private Financing based on commitment to take minimum quantity as bid tipping price. Split between debt and equity not disclosed.

Checkbox Checked

From Producers as Equity: Private Financing based on commitment to take minimum quantity as bid tipping price. Split between debt and equity not disclosed.

Project Delivery & Finance Method

Project Delivery:
All Public Finance. Public Sponsor contracts for initial design, and separately contracts for initial construction. Public Owner operates and maintains the resulting facility.
Is there an independent checking engineer? Yes
Project Finance Method: All By Private Sponsor

Procurement Approach

Project Component
Qualifications
Based Selection
Request for
Qualifications
Request for
Proposals
Invitation
for Bids
Unsolicited
Proposals

Term for Key Components & Forms of Contract

Project Component
Years
Quarters
Combined Term: Initial Design, Construction, O&M Period
15
0
Forms
Description
 
 

Project Value (If and As Known)

Date of Estimated Project Value: January 1, 1993
Project Value
Hard Cost
Hard & Soft Costs
Total
$200-500 Million US
(none)
Array ( )

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