Company History Timelines

Commissioning the SG-MK project (Phase 1: 25.000 m³/day).
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).
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.

January 12, 2024: Inauguration of the 200 ton/day waste incineration and 5 MW power generation plant.
Restart of the Saigon - Mekong Water Treatment Plant project with a capacity of 50,000 m³/day.
September 6, 2024: Official launch of five subsidiaries, including:
1. BIWASE Science - Technology - Environment Complex One Member Limited Company
2. BIWASE Binh Phuoc Water One Member Limited Company
3. BIWASE Production - Trading - Services One Member Limited Company
4. BIWASE Consulting One Member Limited Company
5. BIWASE Long An Water Joint Stock Company

Officially renamed to "Binh Duong Water - Environment Corporation - Joint Stock Company".
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: 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.
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).

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.

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.

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.
2011: Establishment of the "Tan Uyen Water Supply Enterprise".
2012: Establishment of the "Thu Dau Mot Wastewater Treatment Enterprise".

December 21, 2005: The enterprise was transformed into Binh Duong Water Supply & Sewage and Environment One Member Limited Company (BIWASE).

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.

BINH DUONG WATER - ENVIRONMENT CORPORATION - JSC (BIWASE)