NWS Holdings and SUEZ restructure joint venture to expand environmental portfolio

NWS Holdings and SUEZ agreed to restructure their 50/50 joint venture Sino-French Holdings (Hong Kong) Limited, expanding its business portfolio from 35 to 59 projects in water, wastewater and waste treatment across Greater China. The net asset value will increase from HK$4.5 billion to approximately HK$8 billion.

“The expanded cooperation with our long-term partner SUEZ underpins the Group's strategy of driving full range of environmental businesses across a wider geographical footprint.”ctfs.com.hk

• 1 source
• ctfs.com.hkNWS Holdings expands environmental portfolio across Greater China through a HK$8 billion partnership platform | CTF Services LimitedNov 2, 2016

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