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.

 * The listing application for the Phnom Penh Water Supply Authority has been given “in principle” approval by the new Cambodian stock exchange, with an IPO scheduled to take place in the first quarter of this year.

* Japanese investment fund INCJ is very keen to add to its international water holdings by buying utility assets in the UK. The $1.4 billion fund already...

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