On the morning of February 27, BIWASE (ticker BWE – HoSE) simultaneously broke ground on three projects in the Phu Quoc Special Economic Zone, including the Ho Cua Can Water Plant, the Bai Bon Waste Treatment Zone, and the Bai Bon Waste-to-Energy Plant.

The Ho Cua Can Water Plant, with a total investment of 556 billion VND, is being constructed on an area of approximately 3.6 hectares with a designed capacity of 49,500 m³/day. The project utilizes advanced water treatment technologies such as suspended sludge blanket reactors, lamella clarifiers, and a two-tier HDPE filtration system, ensuring that the clean water meets the QCVN 01-1:2024/BYT standards. The facility not only meets the domestic needs of residents and tourists but also contributes to ensuring long-term water security for the rapidly developing coastal city.

Leaders of An Giang province, provincial departments and agencies, the Phu Quoc Special Economic Zone, and the investor perform the groundbreaking ceremony for the 3 projects

Mr. Tran Chien Cong, Vice Chairman of the Board of Directors and General Director of BIWASE, emphasized that these are essential infrastructure works serving the socio-economic development goals of the Phu Quoc Special Economic Zone, while simultaneously preparing for upcoming major events, including the APEC 2027 Summit..

Parallel to the clean water project, BIWASE is implementing two key environmental projects in Bai Bon. The Bai Bon Waste Treatment Zone covers an area of 15 hectares with a capacity of 250 tons/day and a total investment of 382 billion VND, expected to be completed and put into operation on December 31, 2026.

Meanwhile, the Bai Bon Waste-to-Energy Plant is being built on an area of 10 hectares with a treatment capacity of 200–300 tons of waste/day, a power generation capacity of 4 MW, and a total investment of about 300 billion VND, expected to be operational before February 28, 2027.

Mr. Le Trung Ho, Vice Chairman of the An Giang Provincial People's Committee, emphasized at the event that the APEC 2027 Summit is a political and diplomatic event of exceptional importance to the country. The selection of the Phu Quoc Special Economic Zone as the host venue demonstrates the immense trust of the Central Government, while simultaneously placing a heavy responsibility on An Giang province and the Phu Quoc Special Economic Zone in preparing the necessary conditions to serve the Summit..

According to him, the projects breaking ground today hold tremendous significance, not only ensuring essential infrastructure items for APEC 2027 but also laying a long-term foundation for the sustainable development of the Phu Quoc Special Economic Zone in particular and An Giang province in general.

Mr. Le Trung Ho, Vice Chairman of the An Giang Provincial People's Committee.

"This investment in environmental, water supply, and energy infrastructure facilities will not only serve the APEC 2027 Summit but also contribute to fundamentally solving issues related to the environment, energy, and water security for the Phu Quoc Special Economic Zone in the long term. Thereby, it builds the image of a Phu Quoc Special Economic Zone that is developing in a green, modern, sustainable, and friendly manner in the eyes of our international friends," emphasized Mr. Le Trung Ho.

Mr. Tran Chien Cong, Vice Chairman of the Board of Directors and General Director of BIWASE.

BIWASE General Director Tran Chien Cong further shared that the projects utilize modern waste incineration technology, complying with current planning and environmental standards, aimed at thoroughly treating domestic solid waste in the area. Particularly, the waste-to-energy model is considered a step forward toward a circular economy, transforming waste into a renewable energy source.

The simultaneous groundbreaking of these three large-scale projects demonstrates BIWASE's commitment to synchronously investing in water supply and waste treatment systems, contributing to environmental protection and enhancing the quality of urban infrastructure in the Phu Quoc Special Economic Zone.

The enterprise stated that it will maximize its financial, human, and technological resources to ensure the projects are completed on schedule, strictly complying with technical regulations, environmental standards, and occupational safety, while coordinating closely with local authorities to harmonize economic development and environmental protection.

BIWASE is currently an enterprise operating in the fields of urban infrastructure, clean water supply, drainage, and waste treatment. In recent years, the Company has continuously expanded its investments to numerous provinces and cities, step by step affirming its position in the water supply and waste treatment sector, especially in the waste-to-energy segment, having mastered the technology from design to operation.