1294 articles in Asia
MSCI decision cracks open the door to a more investible Chinese water stocks universe Vol 18, Issue 6 (June 2017)
The MSCI has given the green light to the inclusion of a small proportion of Chinese ‘A’ shares in its widely tracked Emerging Markets
index. GWI looks at what this could mean for foreign investment in the growing universe of Chinese water stocks.
Watercare privatisation on the cards as Auckland struggles to fund transport plan Vol 18, Issue 6 (June 2017)
New Zealand’s main infrastructure industry body is recommending that Auckland city council sell off its water utility to balance its books ahead of a significant investment in public transport. Watercare CEO Raveen Jaduram discusses the proposal with GWI’s Max Borchardt.
Chinese project developer Penyao Environmental Protection, which used to trade on the Singapore stock Exchange as Asia Environment Holdings until it was bought by private equity in 2011, is negotiating a $100 million loan with the International Finance Corporation.
How committed is China to tackling its water pollution problem? GWI’s Willy Yeo thinks he has the answer.
The Japanese chemicals giant is preparing a new management plan to grow its revenue to $2.7 billion per year. Buying chemicals sales networks in the US is a priority, but with its profit margin under strain, Kurita also has industrial reuse BOOs firmly in its sights.
Safbon’s fourth cross-border buy in two years will function as a bridge to the US, and bring a crucial bank of engineers.
Japanese trading house Sumitomo Corporation has spent $250 million to take a minority stake in a private equity-led water concessionaire in Brazil. How will it add value?
Asian Development Bank signs off on $250 million loan for CITIC’s water subsidiary Vol 18, Issue 5 (May 2017)
The growing trend in China for ever larger PPP contracts covering multiple environmental services is attracting the largest state-owned names into water. With its latest loan to CITIC, the ADB is recognising that these integrated solutions providers are the future.
Multilaterals provide assistance at the birth of the Indonesian Development Bank Vol 18, Issue 5 (May 2017)
Indonesian PPP financier SMI is absorbing hundreds of millions of dollars from international financing institutions and commercial lenders as it transitions into a national development bank. As facilitator, lender and advisor, its competencies are in high demand.
The water sector and private sector participation are two key priorities for the fledgling AIIB. A policy of trying to limit its investment in China – the main market for bankable water BOTs – means that its private sector arm may struggle to match its sovereign lending.