Shanghai's largest sewage treatment project cost has far exceeded checked

 Zhang Yong
Economic Observer Online reporter recently learned exclusively this site is responsible for Shanghai's largest sewage treatment project in Shanghai the first sewage treatment Chuk Yuen Union Investment and Development Limited (Chuk Yuen Factory) far exceeded the cost of works, From December 2010 the National Audit Office began to accept the special audit investigation.

in accordance with the general, provincial-level state-owned enterprises responsible for the use of funds by the Municipal Accounting Office audit, which the National Audit Office in person, also shows seriousness of the problem.

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According to insiders close to the Shanghai municipal government said Shanghai last year, , many state leaders of the Shanghai sub-layers of construction problems exist not satisfied after receiving the relevant report, commissioned by the National Audit Office to conduct these special investigation of violation of discipline.

present, the National Audit Office has formed a three-person team, a factory in Yuen shareholders of the company - Yang Chen B's office is permanent, a plant of Chuk Yuen use of funds to conduct a detailed investigation.

It is understood that, in the course of the investigation, the Audit Commission has repeatedly talking with the responsible person, including former general manager of Yang Chen B Shen Yang Hua, Qu Xia and other former chief financial officer.

public information, Yuen is responsible for a plant project is the Shanghai municipal government to implement large projects of environmental governance is one of Shanghai's largest sewage works. Engineering from Shanghai, a private enterprise before - Union Group joint venture in conjunction with other companies, investors this Chuk Yuen established a factory.

plant is located in Pudong Waigaoqiao (600,648, stock it) equipment confluence of a high-water wells near the project, is a confluence of continued construction of the first phase project, covering 33.8 hectares, will build on treatment size of 1.7 million tons of sewage.

According to this site to report, the audit focused on the investigation of a plant's second phase Chuk Yuen, original works of the project is about 880 million yuan of total contracts, general contractor under the Shanghai Urban Construction The Shanghai Tunnel company, but then dozens of layers of subcontracting to small enterprises, many of them are private enterprises.

in the sub, the total project cost is seriously over budget, the current total project cost has reached about 15 billion.

insiders said that doubling the project cost because the contractor is likely to result in inflated costs a lot, but perhaps there are many behind the corruption.

The insiders also said the current investigation of these high-level audit, it may be to find the ultimate responsibility for the fire last year, Shanghai people. In this regard, this site will continue to monitor progress of the investigation.