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| JGC and Hyflux to collaborate on developing water projects in China Leading global engineering company JGC Corp of Japan and NewSpring Utility Pte Ltd, a wholly-owned subsidiary of Singapore-based leading membrane technology company Hyflux Ltd, signed a joint venture agreement to jointly develop green field water projects in China. The newly formed 50:50 joint venture company, to be called H.J. NewSpring Ltd will be the investment holding vehicle for developing, investing and managing such water projects in China. The Hyflux Group will continue to provide the engineering, procurement and construction (EPC) services for the proposed expansion. The management consultancy, operation and maintenance services will be jointly provided by Hyflux and JGC. write your comments about the article :: © 2009 Construction News :: home page |