Veolia + Shibei Water


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5570 Postings, 6687 Tage skunk.worksVeolia + Shibei Water

 
  
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09.10.07 06:33
France's Veolia wins stake in China water company

Veolia Water, a division of France's Veolia Environnement, said it has won a 49 pct stake in China's Tianjin Shibei Water Co Ltd.

Shibei holds a 30-year concession to supply drinking water to about 3 mln inhabitants in Tianjin, a port near Beijing.

Veolia estimates turnover from the contract of 2.65 bln eur.

Currently, Veolia Water operates more than 20 water network projects throughout China  
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