|Investment & Management|
Hazardous & Special Waste Treatment
With a decade of investment and management experience in the hazardous and special waste treatment sector, ECOVE leads the development of treatment plant effectively.
ECOVE has accumulated twenty years of experience and know-how in hazardous and special waste treatment having successfully developed and operated plants in Taiwan. Our close collaboration with CTCI, our parent company and one of the world’s leading engineering-procurement-construction contractors, affords us the unique ability to integrate project investment, development, and operations. We have a proven track record of forging long-lasting consortium partnerships with both local and international partners, and apply more than two-decades of operational experience to accurately estimate whole-life costs—capital expenditures (CAPEX), operational expenditures (OPEX) and reinvestments—to each new project.
ECOVE is highly experienced in public-private partnership (PPP) projects, including projects that are fully and partially funded by the government. We develop and manage the following PPP contracts:
- Build-Operate-Transfer (BOT)
- Build-Own-Operate (BOO)
- Build-Transfer-Order (BTO)
- Rehabilitate-Operate-Transfer (ROT)
ECOVE has extensive experience managing the complexities of various hazardous and special waste treatment plant developments. Our management team closely monitors the progress of each PPP project, overseeing the project from start to finish. During the construction phase, we manage the schedule; during the operations phase, we are responsible for managing the contract — we closely monitor each project’s progress, ensuring all requirements are being met during the course of the contract. Throughout the long duration of a typical PPP project, we take care to foster healthy working relationships with stakeholders, by providing professional support and encouraging effective communication.
With years of experience managing PPP projects, we have a clear understanding of the responsibilities, risks, and rewards associated with these projects and how to build strong partnerships to avoid unnecessary complications. ECOVE has formed and managed multiple effective consortium partnerships, both local and international, by following clearly defined consortium agreements and good governance practices. We have built strong relationships with our consortium partners and have managed efficient communication to create consortiums that excel in construction contracting, service providing, operations and maintenance, and lending.
We provide all necessary funds to finance the development of hazardous and special waste plants. With years of experience and in-depth knowledge of hazardous and special waste plants, we can accurately predict capital expenditure (whole-life cost) for a new plant, eliminating the risk of capital shortcomings and cash flow issues.
Our major sources of funding:
- capital expenditures from shareholders
- corporate loans from banks and financial institutions (e.g. debt, equity, bonds)
- third party funds, and
- direct funding from the government
Tainan Science Park Industrial Waste Treatment Plant, Tainan, Taiwan
The Tainan Science Park’s industrial waste treatment plant is built with different treatment mechanism such as incineration, curing, materialization and burial in a single plant to handle the complex nature of the waste received. It uses fluidized bed incineration to handle solid business waste, liquid waste and organic sludge; achieving 99% of incineration rate and avoiding 99.9% of harmful substances containing chlorine. This was the first case of waste disposal in the country which is set up by the competent authority in accordance with the Waste Disposal Act and adopted the “construction-operation-ownership model”, and also first in Taiwan’s history where a government purchased a public plant.