SINGAPORE - Singapore's Sembcorp Industries, a rig-building and engineering conglomerate, said on Wednesday it is considering building water treatment plants as well as a large commercial, residential and industrial zone in eastern China.
One of its units, Sembcorp Utilities, has signed a letter of intent with China's Jinan Quancheng Water to explore the formation of a joint venture to build, own and operate water treatment plants in the east of Jinan City, the capital of China's Shandong province.
Another unit, Sembcorp Industrial Parks, signed a memorandum of understanding to consider building a 638-hectare international marine city in Shandong that will have commercial and residential developments as well as industrial and logistic zones focused on marine-related industries. -- REUTERS
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