标题: Berlinwasser readies water bid [打印本页] 作者: luxiaoshan 时间: 2007-1-15 22:10 标题: Berlinwasser readies water bid
Berlinwasser readies water bid
Germany's largest water supplier, Berlinwasser International, has teamed up with Towngas, a
Hong Kong-based utility, to prepare a bid for a stake in Shanghai Shibei Waterworks Co, the city's
largest water company.
Sources close to the Shanghai water asset management authority said the German water
supplier has teamed up with Towngas, Hong Kong's biggest gas supplier controlled by real estate
tycoon Lee Shau-kee. Towngas entered the Chinese mainland's water business last year.
But Wong Sau-ying, head of corporate communications with Towngas, said she was unaware
of Towngas's involvement in the Shibei project.
Suez Group and Veolia Water, the world's two biggest water suppliers, have also been invited
by the municipality for a possible bid.
Still, the city may choose to transfer the assets of Shibei Waterworks to a listed water company.
"We will participate in the bidding if there is one and at the moment we are looking forward to
finding out which direction the process will lead," Andre Beck, manager of Berlinwasser's
communications department, told Shanghai Daily yesterday via telephone from Berlin.
In Shanghai there have been several meetings and "we have had the honor to welcome high
ranking guests from the Shanghai government in Berlin," according to an e-mail statement from
Berlinwasser.
The company is also preparing partnerships on waste water treatment in Chengdu, Fuzhou, as
well as other cities.
Their partnership is somewhat similar to the Suez Group's relationship with New World
Development Company Ltd, also a Hong Kong-based developer. The French company formed a
joint venture, Sino French Water Development Co, with NWD to invest in the mainland's water
sector in the early 1990s.
（Shanghai Daily）