In Brief - Asia
- From: Vol 10, Issue 3 (March 2009)
- Category: Brief
- Region: Asia
- Country: China, Malaysia and Singapore
- Related Companies: Bank of China, Hyflux, Konsortium Abass, Puncak Niaga, Puncak Niaga Holdings, Ranhill Utilities, SAJ Holdings, Syarikat Bekalan Air Selangor Sdn Bhd (Syabas), Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (Splash) and ZKC Environmental Group Co., Ltd.
* Hyflux has entered into a RMB617 million ($90.3 million) 15-year loan agreement with the Bank of China.
The proceeds will be used to finance the development, construction and startup costs of the 100,000m3/d seawater desalination plant in Dagang City, Tianjin Province – the largest membrane seawater desalination plant in China. Hyflux won the contract back in 2004 on a 30-year BOO basis.
* Three of the four concessionaires in the Malaysian state of Selangor have rejected the ...
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