Company History Timelines
Now
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Commissioning the SG-MK project (Phase 1: 25.000 m³/day).
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Putting into operation and running the Nhi Thanh Water Treatment Plant - Phase 2 with a capacity of 60.000 m³/day, increasing the total capacity to 120.000 m³/day (under BIWASE Long An Company).
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Commencing the construction of the 24MW Incinerator Project - Phase 1: 12MW.
- Establishing BIWASE Kien Giang Joint Stock Company to implement water supply and waste treatment projects in Phu Quoc.
2024
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January 12, 2024: Inauguration of the 200 ton/day waste incineration and 5 MW power generation plant.
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Restart of the Saigon - Mekong Water Treatment Plant project with a capacity of 50,000 m³/day.
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September 6, 2024: Official launch of five subsidiaries, including:
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1. BIWASE Science - Technology - Environment Complex One Member Limited Company
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2. BIWASE Binh Phuoc Water One Member Limited Company
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3. BIWASE Production - Trading - Services One Member Limited Company
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4. BIWASE Consulting One Member Limited Company
- 5. BIWASE Long An Water Joint Stock Company
2023
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Officially renamed to "Binh Duong Water - Environment Corporation - Joint Stock Company".
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The Company expanded its operations beyond Binh Duong Province to other localities, including Binh Phuoc, Can Tho, Long An, Quang Binh, Vinh Long, and several other provinces and cities.
- Temporary landfill sites ceased accepting municipal solid waste and transitioned to a circular waste treatment approach, including the recovery of organic materials for compost production, energy recovery through waste-to-energy plant, and the reuse of bottom ash and slag as raw materials for construction materials.
2000 - 2022
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2000: The issuance of shares to increase charter capital was completed, with the issued shares accounting for 25% of the charter capital. The State’s ownership in BWE accounted for 10% of the charter capital.
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Inauguration of the Tan Hiep Water Treatment Plant, increasing capacity by 100,000 m³/day.
- 2021: Among which, BECAMEX Group currently holds 19.44% of the Charter Capital at BIWASE (in which the indirect State capital accounts for about 18.55% of BIWASE's Charter Capital).
2017 - 2019
- July 20, 2017: The Company officially listed its shares on the Ho Chi Minh City Stock Exchange (HOSE) under the ticker symbol "BWE".
- From August to September 2017: The State divestment process was implemented. On September 22, 2017, the divestment of 10% State ownership was completed, reducing the State’s ownership to 41%.
- March 2019: An additional 16% State ownership was divested, reducing the State’s ownership to 25% of the charter capital.
2015 - 2016
- September 30, 2016: The Company was transformed from a 100% State-owned limited liability company into a joint stock company under the name "Binh Duong Water – Environment Joint Stock Company", with a charter capital of VND 1,500 billion, of which 51% was State ownership and 49% was private ownership.
- Inauguration of the Chon Thanh Water Treatment Plant, with Phase 1 capacity of 30,000 m³/day.
2010 - 2014
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June 2010: The ownership representative rights over the State capital were transferred to Becamex IDC Corporation - One Member Limited Company, which has continued to act as the ownership representative to date.
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2011: Establishment of the "Tan Uyen Water Supply Enterprise".
- 2012: Establishment of the "Thu Dau Mot Wastewater Treatment Enterprise".
2000 - 2010
- December 21, 2005: The enterprise was transformed into Binh Duong Water Supply & Sewage and Environment One Member Limited Company (BIWASE).
1991 - 2000
- 1991: Renamed to "Song Be Water Supply Enterprise".
- October 15, 1992: A decision was issued to establish the enterprise as a State-owned company.
- 1995: The first surface water treatment plant - Thu Dau Mot Water Treatment Plant, commenced operations.
- 1996: "Song Be Water Supply Enterprise" was renamed "Song Be Water Supply Company".
- June 13, 1997: Binh Duong Water Supply and Sewage Company was established, with a capacity of 21,600 m³/day.
1975 - 1991
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Before 1975: Operated as the Binh Duong Water Supply Center.
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May 1975: Renamed to "Thu Dau Mot Water Plant".
- 1979: Renamed to the "Public Housing and Utilities Water and Power Enterprise".
