Brief: Veolia and consortium partners win 20-year, 450 mln euros Japan contract
30/10/2017 07:36
Oct 30 (Reuters) - Veolia VIE.PA :
* Veolia Japan, and its partners, has been selected by the
city of Hamamatsu to manage part of its wastewater and sewage
scheme including the operation and maintenance of its main
facilities of Seien, Hamana and Akura
* 20-year contract is the first long-term concession
contract for municipal sewage management in Japan, the nation's
biggest infrastructure asset class. It has been signed today and
operations will begin in April 2018.
* Veolia has formed a consortium with JFE Engineering
Corporation, ORIX Corporation, Suyama Construction and Tokyu
Construction for this project
* Cumulative revenues for Veolia are estimated at 450
million euros ($522.54 million) over the contract, for works,
operation and maintenance
($1 = 0.8612 euros)
((sudip.kargupta@thomsonreuters.com;))