The search for a reliable partner
- From: Vol 5, Issue 5 (May 2004)
- Category: General
- Region: Asia
- Related Companies: China Water Company, Hong Lim Investments, Hongkong Land, Hyder, Kadoorie, Laing, NWS Holdings, Sime Darby, Suez, Thames Water and Veolia
Each of the European majors operates in China with the support of a local partner to reduce the financial and operational risks.
Beijing Capital Company is Veolia’s joint venture partner for its two biggest investments in China, the Shenzhen and Shanghai concessions. The company, listed in mainland China, is a subsidiary of Capital Group, a Beijing-based conglomerate with three other listed firms. Capital Group has announced that it is aiming to raise up to US$4 billion by
listing overseas in ...
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