Darco-InfraCo team pioneers water concessions in Vietnam

A Singapore government-brokered partnership between Darco Water Technologies and InfraCo Asia is treading virgin ground for foreign companies in Vietnam. Bearing the demand risk is the price to pay for getting back into the asset ownership business.

Singaporean industrial water engineer Darco Water Technologies is negotiating with InfraCo Asia to create a joint venture which will hold a portfolio of four rural water supply systems in Vietnam. With the first project due to start construction later this quarter, Darco is poised to become the first foreign group to run municipal water concessions in the nation.

Allard Nooy, CEO of InfraCo...

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