水电交加（十一）

YTLPOWR宣布进军中国水务业，还必须有更多的信息才能做出评估。

The Edge
19-06-2008: YTL ventures into China KUALA LUMPUR: YTL Corporation Bhd is venturing into China via a strategic tie-up with Asia Environment Holdings Ltd (AEH) to collaborate in the fast-growing and lucrative water industry.

In a statement, YTL said the two companies had entered into an agreement yesterday to draw on the group’s water expertise, branding and financial strength and AEH’s local knowledge and proven execution skills in China.

AEH, which is listed on the Main Board of the Singapore Stock Exchange, provides water and wastewater treatment solutions, manufactures, fabricates, sells and installs generic and customised equipment for water and wastewater treatment systems.

AEH has also undertaken build-operate-transfer (BOT) water projects in China and is expected to operate 11 BOT projects by the end of 2008.
YTL said the collaboration would create a formidable force in the Chinese water industry, which is expected to see investments of RMB1 trillion (RM470 billion) from 2006-2010, according to the Ministry of Construction in China.

YTL said in the framework agreement, its subsidiary Wessex Water Sdn Bhd would enter into an exclusive technical agreement with AEH to provide technical advisory and consultancy services to AEH on an exclusive basis in China.

It said Wessex Water would be able to draw upon the extensive experience of its UK affiliate in managing water supply and sewerage in parts of south-west and southern England.

YTL said AEH had agreed to give YTL a first right of refusal to collaborate in all future water-related projects, including equipment manufacture, design, EPC and BOTs in China.

It said it had been estimated that two-thirds of China’s water resources were polluted, a problem exacerbated by low water resources per capita and high water leakages amounting to 28%.

YTL said the Chinese government was putting a greater emphasis on improving water standards in China and had encouraged higher water tariffs as a means of attracting much needed investments in the Chinese water industry.

“This is the right time to be entering the China water market. We will be able to leverage our expertise and Asia Environment’s strong China presence in this mutually beneficial alliance,” said YTL chief executive officer Tan Sri Francis Yeoh.

写于七月七日二零零八年