101 articles in Japan
Recent deals in the UK and India have seen the Japanese trading house expand its traditional role in the water market. It is eyeing up to $1 billion of investment in the sector over the next five years.
Japanese trading house Itochu has taken another step into the water market with the £43.5 million purchase of a 20% interest in Bristol Water, a regulated British water company.
JBIC’s water lending activities all but ground to a halt in 2010. Nagayoshi Motokawa tells GWI how the newly independent institution wants to extend its influence to developed countries.
The International Finance Corporation is considering an equity investment of up to $24 million in Indian water project developer Doshion Limited.
Charles Bodhi fears for the survival of the continent’s inventiveness.
The International Finance Corporation is considering an investment of up to $17 million in Norwegian desalination company Aqualyng in order to support the development of its Chinese business.
With internal restructuring now complete, Swing Corporation wants to grow its international revenue base. A unique water services PPP in Japan could be just the springboard it needs.
* TRILITY announced on 17 October that it had completed the acquisition of the remaining 50% stakes in the Macarthur and Yan Yean water filtration plants from Transfield Services Infrastructure Fund for A$27 million (US$27.5 million).
A new initiative spearheaded by Tokyo Waterworks will enhance Japanese companies’ prospects of penetrating international markets. It could also pave the way for JICA’s first equity investment in a project since the 1990s.
A falling revenue base and rising rehabilitation costs may force Japanese municipalities to explore more closely the idea of private sector finance.