Municipal contracts to drive growth at Darco
- From: Vol 8, Issue 3 (March 2007)
- Category: General
- Region: Asia
- Country: Singapore
- Related Companies: Darco and Marubeni
Singapore’s Darco Water has had a dream start to the year in the industrial sector. This does not stop CEO KM Thye pinning his long-term growth prospects on the municipal market.
In the first two months of this year, Singapore-based Darco Water Technologies has secured no fewer than 15 new industrial water and wastewater treatment projects, covering Singapore, China, Taiwan, Thailand, Indonesia and Malaysia.
The total value of the contracts is estimated at S$17.4 million (US$11.4 million), which is equivalent to 25% of the group’s 2006 ...
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