CHINA NEWS

China-based water treatment specialist Bio-Treat Technology has won a new 100,000m<sup>3</sup>/d BOT project in the city of Jiangdu in Jiangsu province.

Through a multi-layered structure of JVs incorporated in fiscal paradises, Bio-Treat will own 30% of the project company (which thus accomplishes the legal miracle of being wholly foreign-owned) that will invest RMB178.8 million ($21.5 million) in the project. Bio-Treat’s first major project in Kunshan is not yet operational.

Asia Water Technology also secured a BOT project in ...

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