Waste in China
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CHINA, 2013/11/17
The waste and insurance sectors are expected to be the next “targets” for Chinese investment in Portugal, a country that is calling on investors from China to look into the privatisations underway.
Chinese group Beijing Enterprises Water is, according to the Portuguese press, studying the privatisation of Portuguese company Empresa Geral de Fomento (EGF), a subsidiary of water group Águas de Portugal for the solid urban waste sector.
According to Diário Económico the Chinese company is planning to expand its increase potential outside the Chinese market.
For the water company from the Chinese capital, which is the leader of the water treatment sector in China, this transaction will boost its presence in the Portuguese market next it acquired Veolia Water Portugal, for 95 million euros in March from French group Veolia.
