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30 July - 5 August 2012 - orsam

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China Water Signs Joint Venture With Henan Province<br />

BEIJING (China Daily) — China Water Affairs Group Ltd, a provider of water and sewage<br />

treatment, has agreed to establish a joint venture that will be involved in water-related investments<br />

and construction in Henan province and nearby provinces. Jianghe Water Affairs Co, a unit of China<br />

Water, plans to invest $21.2 million USD and own a 45 percent stake in the venture. The remaining<br />

portion of the company will be held by Henan Water Resources Construction Investment Co and<br />

Huanghe Water Affairs Co, China Water said in a Hong Kong Stock Exchange filing. "The potential<br />

for the water business in Henan province and adjacent areas is booming," the Beijing company said<br />

on Monday. Projects related to water resources are now under way in the Yellow River basin, as is<br />

the South-North Water Diversion project.<br />

―China Water Signs Joint Venture With Henan Province‖, 02/08/<strong>2012</strong>, online at: http://www.ooskanews.com/dailywater-briefing/china-water-signs-joint-venture-henan-province_23685<br />

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