Is Ningdong Wanbang Sewage Treatment Plant a state-owned enterprise?

This unit is a state-owned enterprise.

According to information from the Ningbo Municipal Affairs Service Office, Ningdong Wanbang Sewage Treatment Plant is the general contractor and operating unit of the first phase of the Ningdong Industrial Sewage Treatment Plant in Ninghai County. It is a state-owned enterprise. The project is funded and constructed by Ningbo Ninghai New City Construction Investment Co., Ltd., Ninghai County Water Group Co., Ltd. is bidding, and Ningbo Safe Sanjiang Engineering Consulting and Tendering Agency Co., Ltd. is the agent.

Urban Investment Company is the abbreviation of Urban Construction Investment Company. It is a government investment and financing platform for major cities across the country. It originated in 1991. It undertakes corresponding government functions and is a special market operating entity. This type of unit is generally the leading enterprise in the local state-owned assets system, enjoys franchise rights in some industries, has a certain monopoly position, and is a state-owned enterprise.