As entrusted by the Invest Beijing International Co. as well as the Beijing Development and Reform Commission on November 5, 2009, BOT Investment Co., Ltd. undertook the evaluation of the Funds Application Report for the old heating pipeline nets in Chaoyang District. Our corporation immediately established a project expert term, made preliminary preparations for the evaluation work and set down detailed work schedules.
On November 9, 2009, the evaluation and expert team visited the project spot in Chaoyang District to carry out investigation and hold an appraisal meeting, followed by detailed communication and discussions with relevant project institutions relating to the concerned issues. After the comprehensive evaluation on the Project Proposal and the supplementary materials supplied by the project institutions, our corporation successfully completed the evaluation task on December 18, 2009, by submitting the document named The Evaluation Report of the Funds Application Report for the old heating pipeline nets in Chaoyang District to Beijing Development and Reform Commission.
This project with the estimated budget is RMB 63 million. It will take 8 months to complete.