1326 articles in Asia
Ondeo has withdrawn from another Asian water deal – Singapore’s Tuas seawater desalination project – thereby making the Singspring SPV a wholly owned Hyflux subsidiary.
MWSS has been instructed not to draw on a performance bond while the case is in progress. Meanwhile, Ondeo is pushing for a swift resolution.
To involve both MWSS and the Jakarta water regulator.
China is still a good proposition for private investors – both local and international.
In conjunction with the local SAC General Products.
The company is working on a venture to introduce membrane technology to recycle sewage - as Singapore has done at its NEWater plants.
The company has also expressed interest in a fourth NEWater project at Ulu Pandan.
A 30-month deal with Taiwan’s Taipei city government.
Ondeo is seeking over $300 million.
The company has turned its back on Vietnam as well.