CHINA ACTION
- From: Vol 6, Issue 2 (February 2005)
- Category: Need to know
- Region: Asia
- Country: China
- Related Companies: Canal de Isabel II, China Evergreen and Xianyang Beicheng Water
A new Chinese public utility will soon be on the market.
The bid will offer a 90% share of Shanghai Songjiang Water Plant, one of the eight suburban water plants of Shanghai. Eight bidders are in the running, including Chinese and foreign investors. The utility, owned by Shanghai Songjiang Urban Construction Investment & Development Co., will be the first township-level water privatisation in Shanghai. Shanghai Songjiang has registered capital of US$14 ...
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