# WHAUP and Aquaone partner to develop water infrastructure in Vietnam

WHA Utilities and Power (WHAUP) and Aquaone Corporation signed a Strategic Cooperation Agreement to develop water infrastructure in Vietnam. WHAUP also acquired a 34% stake in Duong River Surface Waterplant Joint Stocks Company for approximately THB 2,762.96 million.

- Type: Partnership
- Announced: 2019-09-16
- Where: Hanoi, Vietnam
- Value: $90.0M (2.76B THB)
- Status: completed
- Capacity: 110.0 million m3/year
- Products: clean water, water treatment
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [WHA Utilities and Power](https://endata.com/companies/42115.md) (investor)
- [Aquaone Corporation](https://endata.com/companies/42116.md) (partner)
- [Duong River Surface Waterplant Joint Stocks Company](https://endata.com/companies/42117.md) (target)

## Sources

- [wha-up.com](https://www.wha-up.com/en/news-room/company-news/249/whaup-joins-forces-with-aquaone-to-develop-water-infrastructure-in-vietnam), 2019-09-16: "This Strategic Cooperation Agreement marks a significant step for Aquaone and WHAUP to join hands in improving the quality of life of the people of Hanoi today via provision of quality clean water."

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