Darco Water Technologies Limited, a provider of integrated engineering and expertise-driven solutions for water treatment, wastewater management, clean water supply and vacuum solid waste management, announced the completion of the first phase of its water treatment and clean water supply project in Ba Lai district of Vietnam's Ben Tre Province, and the commencement of operations. It will supply 5,000m3 of clean water per day for up to 20,000 rural households. Upon completion of the second phase construction of the project in 2024, the plant will supply 15,000m3 of clean water a day to more households and industrial areas in the district of Ba Tri township and region of 15 communes in Ben Tre Province.The DBOO project is a joint venture (JV) with InfraCo Asia, a commercially managed infrastructure development and investment company of the Private Infrastructure Development Group (PIDG). On 17 June 2023, Darco and InfraCo Asia jointly organized a grand opening ceremony of Darco Ba Lai Water Treatment Plant to officially announce its commencement of operations. Distinguished guests at the event included the Chairman of the Ben Tre People's Committee, local government authorities, and representatives from the Singapore, Netherlands, and Australian Consulate Generals in Ho Chi Minh City.
The project has a 50-year lease from the Vietnam government commencing July 2017. According to the World Bank's Global Partnership for Results-Based Approaches (www.gprba.org), approximately 74% of the Vietnamese population is concentrated in rural areas, yet only 48% of households have access to clean water and must rely on polluted sources for basic household needs during the dry season." On 3 January 2022, Deputy Prime Minister, Mr Le Van Thanh, signed a decision approving the National Rural Clean Water Supply and Sanitation Strategy to supply 65% of rural residents with affordable clean water by 2030, and 100% of all rural residents by 2045. ( https://en.vietnamplus.vn/national-strategy-aims-to-provide-clean-water-to-rural-residents-by-2030/220029.vnp )
Darco's corporate ethos views ESG and CSR as inextricably tied to its business
The success of the Ba Lai project will showcase Darco's capabilities and present more opportunities for similar projects in Vietnam. However, Darco's Executive Chairman, Mr. Wang Zhi said, "More business is good for Darco, but we do not forget our commitment to give back to Society. We work hard to incorporate ESG and CSR initiatives into all our projects. We organized activities to interact with the local community and donated home and school supplies to the needy. There will be more to come."
InfraCo Asia's CEO, Ms. Claudine Lim said, "In partnering with Darco for the development of the Ba Lai project with, we found a partner with a complementary capability when it comes to technical skill sets and sector knowledge. Working together, we are proud to bring a water treatment plant online that will supply water to people in the surrounding communities, meeting international Health, Safety, Environmental, and Social (HSES) standards."
About Darco Water Technologies Limited
Darco Water Technologies Limited ("Darco" and with its subsidiaries "the Group") was founded in 1999 and listed on the Singapore Exchange in 2002. Darco is a provider of integrated engineering and expertise-driven solutions for water treatment, wastewater management, clean water supply and vacuum solid waste management.
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