Monday,  Feb 18, 2019,23:02 (GMT+7) 0 0
Waste treatment plant closed due to environmental concerns
By Trung Chanh
Thursday,  Aug 16, 2018,13:38 (GMT+7)

Waste treatment plant closed due to environmental concerns

By Trung Chanh

Garbage is taken to the treatment plant after it reopened in 2016 - PHOTO: TRUNG CHANH

HCMC - After a short time in operation, the waste treatment plant of Phuong Thao Development and Construction JSC in the Mekong Delta province of Vinh Long has temporarily been shuttered for failing to meet environmental protection requirements.

Truong Dang Vinh Phuc, director of Vinh Long Department of Planning and Investment, told The Saigon Times on August 15 that the waste treatment plant had stopped receiving garbage.

“The waste treatment plant is not eligible for operation,” Phuc said, adding that the equipment and technology at the plant failed to meet technical standards. Phuc stated that if the required conditions were not met by the end of this year, the local authority would withdraw the plant’s license.

This deadline was set because the plant has borrowed money from Vietnam Development Bank, and the bank has asked the province to assist it in handling the issue of credit and assets that the company had mortgaged to the bank.

Recently, a meeting between the owner of the plant, Vietnam Development Bank and Vinh Long Province's government was hosted to discuss the difficulties being faced by the plant. The bank presented two solutions. One, the owner would have to find a new investor to whom he could transfer the plant. Two, if the transfer solution fails, the bank will sell the plant’s assets to recover the debt.

The modern waste treatment plant had only recently been reopened, in September 2016. Before that, in 2015, Vinh Long Province had asked Can Tho Urban Public Limited Company to stop tranferring garbage to the plant because of fears of environmental pollution.

While the plant was temporarily suspended, all local waste was disposed of in a landfill.

Phuong Thao Development and Construction JSC invested some VND250 billion to build the plant on an 8-hectare site in Hoa Phu Commune, Long Ho District. The plant’s capacity for treated waste is some 300 tons of garbage per day.

To complete the project, the company borrowed VND200 billion from the Vietnam Development Bank.

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