- July 12, 2021
- Posted by: Stratford Team
- Category: Business
Regulatory News:
Led by Veolia (Paris:VIE) and METAWATER Co., Ltd., a consortium with 8 other local partners signed off the Basic Agreement towards a concession contract to manage the operation, management and renewal works of the water services in Japan’s Miyagi Prefecture. With this operation, Veolia pursues the global expansion of its water activity, with a step further in Japan, and adds a new flagship project to its existing portfolio.
The Miyagi concession is the first of its kind in Japan, as it includes drinking water production, industrial water production, and sewage treatment. It is the first-ever concession project in Japan that includes drinking water production, which was made possible by the amendment of the Water Law at the end of 2018.
This concession contract is for 20 years O&M and renewal works of 8 treatment plants, with a total treatment capacity of over 900,000 m3 per day. Veolia will supply drinking…