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Press releases, Paris, France, 12/04/2000
water, Suez Lyonnaise des eauxLyonnaise des Eaux Signs Two New Water Supply Contracts in China

 

Lyonnaise des Eaux (Suez Lyonnaise des Eaux Group) through Sino-French Holdings signed two joint-ventures to supply water to 1.7 million inhabitants for the cities of ZHENGZHOU in the Henan Province and BAODING in the Hebei Province of China.

The joint-venture contracts represent a total USD 62 million investment and total turnover of approximately USD 500 million. They were signed with the cities of Zhengzhou and Baoding for a duration of respectively 30 and 20 years.

Gérard Payen, Chairman and CEO of the Water Division, Suez Lyonnaise des Eaux comments: 'These new contracts further strengthen our leading position with over 10 million people supplied in China. It reinforces the trust municipalities have placed in our Sino-French subsidiary and the high quality of services supplied.'

The contracts comprise the acquisition of existing drinking water treatment plants with a total capacity of 560,000 m3/day and include the operation and management of production facilities to supply drinking water in bulk.

Lyonnaise des Eaux supplies drinking water to 10 million inhabitants in China in the provinces of LIAONING, JANGXI, HEBEI, HENAN and GUANDONG and has turnover of USD 65 million per annum in the country.

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