Gov’t invites investor interest in sewage plants

The Greek government on Wednesday invited investors to build, manage and operate four sewage treatment plants in the greater Athens region, according to the country’s Development Ministry.

The contracts are budgeted for a total of 350 million euros, the ministry said in an e-mailed statement. Investors would operate the water treatment plants for 27 years, with European Union financing funding 40 percent to 60 percent of the cost of each facility. Greece is also inviting investors to build five more sewage treatment plants elsewhere in the country, the ministry said. [Bloomberg]

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