China BOT deals: are they for real?
- From: Vol 4, Issue 12 (December 2003)
- Category: General
- Region: Asia
- Country: China
- Related Companies: Black & Veatch, New World Development, NWS Holdings and Shanghai Industrial Holdings
Even the insiders have their doubts.
China has opened up its mammoth water and sewerage treatment business, enabling many of its local municipality and provincial authorities currently saddled with outdated and low technology plants to lure foreign partners to help them upgrade dwindling facilities to meet surging demand, mainly on BOT bases.
Contracts running into billions of dollars to build and operate water treatment or sewerage ...
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