Asia

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504 articles in Asia

New water policy moots PSP in India Vol 3, Issue 8 (August 2002)

India’s new national water policy has called for private sector participation, “in specific situations”, for building, owning, leasing and transfer of water resources. However, while foreign private water companies are likely to regard this as a step in the right direction, they are unlikely to be falling over themselves to catch the next flight to the subcontinent.

Study recommends PSP in Gujarat Vol 3, Issue 8 (August 2002)

A recent study has mooted extensive private sector participation (PSP) in the water sector in India’s Gujarat state. The study suggested that there was no alternative to PSP for improving the state’s mismanaged water supply system.

Aquamundo signs letter of intent for China JV Vol 3, Issue 7 (July 2002)

AQUAMUNDO HAS SIGNED A LETTER OF INTENT to set up a joint venture for water supply and wastewater services in the Chinese city of Foshan (see GWI, Vol. 3, Issue 6, p.7).

Japan edges towards PSP Vol 3, Issue 7 (July 2002)

Private participation in Japan’s water industry has been limited to date. However, the considerable financial strain on the sector has led to a series of reforms paving the way for municipal reorganisation and likely future PFI work for international private water companies.

Aquamundo developing PPPs in China Vol 3, Issue 6 (June 2002)

AQUAMUNDO SAYS IT IS CLOSE TO SIGNING two PPP deals for sewage treatment plants in China.

Nepal to reinvite PQs for Kathmandu Vol 3, Issue 6 (June 2002)

The Nepalese government is continuing with its preparations for the Kathmandu Valley management contract despite receiving prequalification proposals from only three groups. Final details are still under discussion but are likely to involve modifications to the original PQ criteria.

Perth weighs up private desal option Vol 3, Issue 6 (June 2002)

Five groups have been shortlisted to build a 100,000m³/d seawater reverse osmosis desalination plant near Perth, Western Australia. If it receives approval from the Western Australian government – expected in the next six to eight weeks – the plant will be commissioned and enter commercial operation at the end of July 2004.

Vivendi and Ondeo claim Chinese deals Vol 3, Issue 6 (June 2002)

Vivendi Water has booked a major 50-year contract in China to manage drinking water distribution in the Pudong business quarter of Shanghai. Not to be outdone, the group’s main rival, Ondeo, has signed two new contracts in Qingdao and Shanghai for a total value of €460 million.

Shanghai contract for Ondeo Vol 3, Issue 4 (April 2002)

ONDEO HAS BEEN CHOSEN by the Shanghai Chemical Industrial Park as its partner for a new petrochemical industrial park.

Hard going for water projects in post-currency crisis Asia Vol 3, Issue 3 (March 2002)

Private sector participation in Asian water supply and sewerage projects has slowed dramatically since 1997/98. Regulatory and tariff uncertainties are holding up deals, water utilities remain subject to political interference, and the downturn in the Asian project finance market has meant that non-recourse lenders are reluctant to provide funding for projects. However, the growing availability of local currency financing in Asia is allowing projects to close in spite of the difficult market conditions.