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Sembcorp said on Wednesday that it will be investing a total of
RMB326.6 million (about S$64.2 million) to develop centralised utilities
facilities in the Fushun Petrochemical and Fine Chemical Park, Liaoning
province, China.
The project is expected to provide on-site logistics and water for industrial use.
For the first phase, Sembcorp will be investing RMB76.0 million
(about S$14.9 million) to develop a three-kilometre service corridor
network, with completion expected in the first quarter of 2013.
Sembcorp will acquire a portfolio of existing water assets from the
local government and develop a new industrial water treatment plant and a
3.6-kilometre water pipeline at a total investment of RMB250.6 million
(S$49.2 million).
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