November 22, 2013
The importance of water is rising to the level of critical need around the world. The ability to have fresh water is the difference between health, safety, economy and development. This reality is understood by “China : $240 Million ADB Loan on Wastewater Treatment signed by Beijing Enterprise” to produce a counter measure to this evolving problem.
Investment and collaboration was established to confront wastewater remediation to support cities and the growing population demand. It has been reported that “A $240 million loan agreement is signed by the Asian Development Bank and Beijing Enterprises Water Group (0371.HK) that will help the Chinese company improve its wastewater treatment capacity in a small step towards easing China’s water shortage problems. ADB officials said that the 10-year loan package will assist the company deal with an additional 600 million tons of wastewater yearly by 2019 through the upgrading of wastewater treatment plants, allowing water to be used for industrial cooling and watering city parks and gardens. Beijing Enterprises Water, a Hong Kong -listed company controlled by Beijing Enterprises Holdings Ltd. (0372.HK), said this would add about 10% to its capacity. China is experiencing a worsening water scarcity and its efforts at urbanization have added to the shortages in major cities, mainly in northern China . The ADB said that more than 400 cities report water shortages, with an average daily shortfall of 16 million cubic meters — equal to the average annual consumption of about 160,000 people. The majority wastewater in China , even after treatment, is dumped into the rivers.,” posts the Hispanic Business.
The water cycles of waste, fresh, desalination and treatment is massive undertaking coupled with weather impacts lead to water containment solutions from flooding and overflows. Water for many is a right as many consider it a privileged. This dichotomy makes the work of water accessibility a complex infrastructural predicament for the world and what China learns may aid in new standards and processes for global change .
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- Work on to ease wastewater plant smell (abc.net.au)