Construction began Saturday on a US$140 million waste treatment plant in Hanoi.
The plant, developed by Advanced International JSC, is the first major waste treatment project in the capital city under the Build-Own-Transfer financing model. Officials say the facility will have the capacity to handle 2,000 tons of waste per day.
Nguyen Thi Thanh Nhan, chairwoman of the company, said the plant uses modern waste treatment technologies that yield less than ten percent after-treatment waste.
The rest is turned into compost and other recycled materials which will be sold to local coal and power plants and exported to Malaysia, she said.
The plant covers an area of 15 hectares in Soc Son District and is scheduled to begin operation at the end of 2011. It will be transferred to the city after 25 years.
Hanoi's waste has amounted to 5,000 tons per day, including 3,500 tons in urban areas. Most of the waste is currently buried in landfills.