Veolia and Suez Selected to Design and Operate the Drinking Water Treatment Plant in the Bangladeshi Capital, Dhaka
VEOLIA ENVIRONNEMENT ADR (VEOEY)
NASDAQ:AMEX Investor Relations:
veolia.com/en/veolia-group/finance-area
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Source: Business Wire
PARIS--(BUSINESS WIRE)-- Regulatory News: The Dhaka Water Supply and Sewerage Authority (WASA), the authority in charge of drinking water and wastewater management for the Bangladeshi capital, Dhaka, has chosen Veolia (Paris:VIE), together with Suez, for the design, build and operate contract for the Gandharbpur drinking water treatment plant. This contract, awarded following an international call for tenders, represents a cumulative total of around €275 million. The project will be conducted through a joint venture held equally by Veolia, through its fully owned subsidiary Veolia Water Technologies, and Suez, the consortium leader. Dhaka is today facing dwindling supply from its aquifers, the main source of drinking water for its population of 11 million. Compounded by population growth and increasing urbanization, the amount of drinking water required is expected to double by 2030 in Dhaka whil
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