Salcon unit takes over China water ops


  • Business
  • Wednesday, 07 Sep 2005

SALCON Yunnan (HK) Pte Ltd, a wholly-owned subsidiary of Salcon Bhd, via its joint-venture company Chenggong Salcon Water Co Ltd, has taken over the management and operations of the water supply system in Chenggong county, which is also known as Modern New Kunming in Yunnan province, China. 

The company said in a statement the 60:40 joint venture with Chenggong County Water Supply Co would undertake the construction of a water treatment plant with an initial capacity of 20 million litres per day (mld) expandable to 60mld, on a fast-track basis to meet the immediate demand for Modern New Kunming. 

The design of the plant is currently awaiting approval from the Chinese authorities and construction is expected to commence by year-end. 

It said the investment would enable Salcon to utilise its expertise and experience in the water sector and also to capitalise on the opportunity in China. 

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