Veolia’s Shanghai ambitions
- From: Vol 7, Issue 10 (October 2006)
- Category: General
- Region: Asia
- Country: China
- Related Companies: Sino-French Water Development, Suez and Veolia
As Veolia prepares to transfer management control of Pudong to its Chinese partner, long-term strategy may be starting to pay off for the French company. By Olivia Jensen and Frédéric Blanc-Brude.
Shanghai Shibei is the water deal everyone has been waiting for for years… including Veolia. But everybody will have to carry on waiting. Shanghai Chengtou, the city’s infrastructure company, has put the deal on hold while the structure of the divestiture is reviewed.
Chengtou wants to steer away from a replication of the Shanghai Pudong model, which involved a ...
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