In an 80-20 partnership with Samsung Engineering, Veolia Water was chosen by the Incheon municipality in December 2001 to build and operate two wastewater treatment plants. Incheon is the country's third largest city and one of its most important financial and economic centers, after Seoul. The municipal market in South Korea opened only recently to private operators, and Incheon was the first true BTO contract (Build, Transfer, Operate) signed by a municipality there in the water sector. The contract involves the design, financing, construction and operation of two plants on the Mansu and Songdo sites.
In Songdo, the challenge was to solve the problem of insufficient capacity in the existing treatment facilities to handle the growing volume of wastewater. A compact, technologically advanced solution was needed to correspond to the image and goals of the new economic development area. In Mansu, the objective was to increase wastewater treatment capacity and efficiency in response to population growth and increasingly stringent environmental standards. At both sites, the phasing to extend capacity has to be optimized and financing found for the construction work.
