# Yunnan Water and Penglai City Construction Investment form joint venture in Shandong

Yunnan Water's subsidiary Yunnan Water Hong Kong and Penglai City Construction Investment Group agreed to form a joint venture in Penglai, Shandong, with registered capital of $100 million. Yunnan Water Hong Kong will hold 85% and the partner 15%.

- Type: Partnership
- Announced: 2016-11-01
- Where: Penglai, Shandong, China
- Value: $100.0M
- Status: announced
- Products: water environment projects, infrastructure construction
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Yunnan Water Investment](https://endata.com/companies/19855.md) (partner)
- [Penglai City Construction Investment Group](https://endata.com/companies/19856.md) (partner)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/28293.html), 2016-11-01: "于2016年11月1日，公司附属云南水务香港与合资合伙人蓬莱市城市建设投资集团有限公司订立合资协议，据此，合资协议的订约方同意于中国山东省蓬莱市成立合资公司，注册资本为1亿美元。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.