Press releases

ZhongDe Waste Technology AG: State Council of China strengthens municipal waste treatment industry

 

Frankfurt, May 26, 2011

The State Council of China approved Opinions to further improve the municipal waste treatment in China. The Opinions include various measures to speed up bureaucratic processes, ensure the land supply, establish educational programmes, stimulate R&D and support the municipal waste treatment industry via tax policy and incentives for private investors.

 

In the past few years, the volume of municipal waste has increased sharply due to the rapid urbanization in the PRC. Inadequate waste treatment capacities have led to serious impacts to the urban environment. To deal with the municipal waste output and realize a quantity reduction, reclamation and hazard free treatment of the municipal waste, the Ministry of Environmental Protection and other 15 Ministries jointly issued the Opinions.

 

Therein, the development targets for the municipal waste treatment are identified. It is expected, that the rate of hazard free treated municipal waste in China will reach more than 80% by 2015, and sorting, collection and transportation of the kitchen waste should be realized in 50% of the urban communities. The resources utilization rate of municipal waste should reach 30%.

 

The Opinions identified the following measures to strengthen policy support:

 

Clearly state to support and stimulate the energy-from-waste industry in China

Ensure the land supply for the construction of energy-from-waste plants

Accelerate the approval processes for energy-from-waste projects

Broaden the investment channel. Municipal waste treatment is mainly financed by the local government and supported properly by the central government. Non-state-owned investment is encouraged to get involved into construction and operation of municipal waste treatment facilities.

Establish an incentive mechanism: Strict implementation and continuous improvement of tax preferential policy for municipal waste treatment

Establish a charge system for municipal waste treatment

Ensure facility construction: Priority for building municipal waste treatment facilities during the new construction or reconstruction of urban areas.

Improve the innovation ability: Strengthen the support of technology R&D for the municipal waste treatment, focus on key techniques, such as clean incineration, dioxin control, flying ash treatment, landfill gas collection and utilization, leakage treatment, toxic emission control, administration of non-normal municipal waste storage places, etc.

Implement talents plan: Set up related municipal waste treatment majors in colleges and universities. Make great effort to develop vocational education.

 

Mr. Chen Zefeng, the founder and CEO of ZhongDe comments: "Thanks to the strong stimulation policy of the Chinese central government, the energy-from-waste industry, in which ZhongDe is engaged, is expected to gain momentum in China."

 

 

About ZhongDe Group

ZhongDe Group designs, constructs, finances and operates energy-from-waste incineration plants generating electricity from the disposal of solid municipal and industrial waste. ZhongDe realises either EPC (Engineering, Procurement and Construction) or BOT (Build, Operate and Transfer) projects, focusing on large-scale plants with waste disposal capacities of around 1,000 tons per day. Since 1996, ZhongDe Group has installed approximately 200 waste incinerators in 13 provinces and more than 80 waste incinerators in the last three financial years alone. ZhongDe is one of the famous players in the project development and operation of large-size energy-from-waste plants in China.

 

 

Contact

William Jiuhua Wang
Executive Director and CFO
E-Mail: william.jw@zhongdetech.com


Ying Sun
Assistant IR Manager
Herriotstr. 1,
60528 Frankfurt am Main
T: +49 69 67733 172
F: +49 69 67733 200
E-Mail: ying.sun@zhongde-ag.de

 

Kirchhoff Consult AG
Nicole Schüttforth
T: +49 40 60 91 86 64
F: +49 40 60 91 86 60
E-Mail: nicole.schuettforth@kirchhoff.de

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30 April 2012

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14 September 2011

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31 August 2011

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31 May 2011

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26 May 2011
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20 May 2011

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30 December 2009
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30 December 2009
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30 July 2009
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20 July 2009
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10 June 2009
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29 May 2009
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30 April 2009
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20 April 2009
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6 April 2009
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3 February 2009
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23 January 2009
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29 December 2008
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28 November 2008
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10 November 2008
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30 September 2008
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29 August 2008
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30 June 2008
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16 June 2008
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30 May 2008
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29 April 2008
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7 April 2008
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18 March 2008
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11 March 2008
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28 November 2007
ZhongDe Waste Technology AG continues to grow in Q3 2007
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19 September 2007
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28 August 2007
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9 August 2007
ZhongDe Waste Technology AG announces signing of two BOT projects
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12 July 2007
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5 July 2007
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28 June 2007
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25 June 2007
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14 June 2007
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