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Last updated at: (Beijing Time) Tuesday, January 29, 2002

Environment Projects for 2008 Games Open to Bids

To prepare for the 2008 Olympic Games in Beijing, the municipal government has mapped out four large environment protection projects.

The projects involving a total investment of RMB 2.9 bn yuan (about US$350 mn) are now set to invite public bids, a Chinese offcial said.


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4 projects set to invite public bids
To prepare for the 2008 Olympic Games in Beijing, the municipal government has mapped out four large environment protection projects.

The projects involving a total investment of 2.9 billion yuan (about 350 million U.S. dollars) are now set to invite public bids, revealed Guo Junqing, deputy director of the Beijing Development Planning Commission (BDPC).

  • The four projects are Dongcun Garbage Disposal Plant, Caoqiao Revolving Thermal-power Plant, Lugou Bridge and Beiyuan sewage treatment plants, Tuesday's China Daily reported.

    "Hong Kong investors, familiar with the domestic market and having rich experience of international practices, are particularly welcome to take an active part in the ambitious infrastructure projects of the 2008 Olympic Games," said Guo.

    Ran Yongsong, deputy chief of the Investment Department under the BDPC, said an investment return compensation system has been set up to encourage foreign funds in the programs.

    Other projects
    In addition, 37 stadia for the 2008 Olympic Games will also be opened to public bids in the second half of this year.





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