Shanghai Industrial Holdings enters the market
- From: Vol 4, Issue 11 (November 2003)
- Category: General
- Region: Asia
- Country: China
- Related Companies: China Energy Investment Corp, Shanghai Industrial Holdings, Xiamen Water Services Group and Zhong Huan Water Treatment Construction Co
A red chip giant strode into the Chinese water market last month, with big plans and a joint venture with an international water company in the pipeline.
Major Hong Kong listed firm, Shanghai Industrial Holdings Ltd (SIHL), has announced plans to invest a total of RMB10 billion ($1.2 billion) in water supply and sewage treatment projects in China over the coming three years through its joint ventures.
The company is backed by the Shanghai municipal government and set up two joint ventures with China Energy Conservation ...
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