The Black Dragon rides high in China
- From: Vol 11, Issue 12 (December 2010)
- Category: General
- Region: Asia
- Country: China
- Related Companies: Interchina Holdings
A new financing deal will pave the way for InterChina Water to achieve its ambitious growth targets in 2011. Chairman Zhu Yongjun talks to GWI’s China editor Kathy Liu.
The five-year boom in new Chinese water PPPs is over. According to GWI data, 700 new projects were awarded between 2004 and 2008, but this number fell to 120 in 2009, and has sunk further to only 60 so far this year. A second wave of trade sales and acquisitions is now washing over the sector, and Shanghai-listed plant developer ...
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