Environment: US$10m poured into water plant
(Shenzhen Daily)
Updated: 2006-08-28 17:03
The World Bank’s private sector arm said Friday it has invested US$10 million
to expand a Chinese water and wastewater treatment plant.
The International Finance Corp. (IFC) said it will also assist Epure, a
Singaporean holding company that owns 75 percent of China’s Beijing Sound, in
its proposed initial public offering on Singapore’s stock exchange.
China is one of the world’s 13 lowest-ranked countries in per capita water
resources, the United Nations says, and these resources are expected to drop as
the population grows.
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