DOLOMITE CORP BHD said unit Dolomite Bhd has bought the Tien Tang Dam and the hydropower generating station in the county of Loong Meng, Guangzhou, China, from the Chinese government for RMB80mil.
The company said in a statement Dolomite would develop the area by creating tourism activities at the site of the dam, a water treatment plant at the downstream end of the river and a hot spring resort near the dam.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!