Ondeo out of Thu Duc
- From: Vol 4, Issue 3 (March 2003)
- Category: General
- Region: Asia
- Country: Vietnam
- Related Companies: ANZ Investment Bank, Credit Lyonnais, Fortis and Ondeo
The company has turned its back on Vietnam as well.
Ondeo’s Lyonnaise Vietnam Water Company (LVWC) is understood to have notified the People’s Committee of Ho Chi Minh City that it intends to terminate its BOT contract for a 300,000m3/d WTP at Thu Duc.
The LVWC consortium of Ondeo, Tractebel and Malaysia’s Pilecon Engineering signed the contract in 1997. A project finance loan was ...
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