Macau, China, 7 Sept – Portuguese company Indaqua – Indústria e Gestão de Água has been awarded the international public tender for management of the Waste Water Treatment Plant (Estação de Tratamento de Águas Residuais – ETAR) of Macau, officials said in Macau Tuesday.
The company, which put forward its proposal as part of a consortium with companies CESL Ásia, from Macau and Tsing Hua, from China, will have the concession for a period of five years under the terms of a contract worth 315 million patacas (US$39 million).
Under the terms of the contract, Indaqua, which is controlled by Portuguese construction company Mota-Engil, as well as being the ETAR’s manager, will also be responsible for development of the plant.
The new management of the Macau ETYAR had been due to start working on 1 October, 2010, replacing Engenharia Hidráulica de Macau, but the tender, which received proposals from seven companies or consortiums, involved some legal wranglings, which were only recently resolved.
Shareholders of Indaqua – Indústria e Gestão de Água also include Portuguese construction groups Soares da Costa and MonteAdriano, both with a 21.37 percent share each, and was set up, essentially, as part of municipal concessions and public-private partnerships. (macauhub)