Chongqing Water Affairs
Sector: Water Supply and Storage • Location: China
Source: World Bank Group
Sino-French acquired a stake of 15% in Chognqing Water Affairs Company in April 2008, which runs 32 potable water treatment plants and 35 wastewater treatment plants in Chongqing Municipality serving a population of 84 million. The project was procured via direct negotiation. The investment in government assets was RMB 1600 million (US$ 228.9 million).
In March 2010, for its second partial dive
- Status
- Prospective
- Sector
- Water Supply and Storage, Waste Processing and Treatment, Power Transmission, Government, Manufacturing (Industrial), Power Generation (CCGT)
- Location
- China
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Sino-French acquired a stake of 15% in Chognqing Water Affairs Company in April 2008, which runs 32 potable water treatment plants and 35 wastewater treatment plants in Chongqing Municipality serving a population of 84 million. The project was procured via direct negotiation. The investment in government assets was RMB 1600 million (US$ 228.9 million). In March 2010, for its second partial divestiture Chongqing Water Affairs Co., Ltd was floated in the Shanghai Stock Exchange. 500 million shares (5.7% of all) were sold in its initial public offering at 6.98 yuan each, the top of its price range (6.48-6.98 yuan). The flotation raised RMB 3.49 billion (US$ 513.24 million). The company's IPO price valued it at 34.9 times its 2009 earnings, taking into account dilution by the additional share offering. |
Original sector | Water and sewerage |
Budget |
Location
Country | China |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Water Supply and Storage, Waste Processing and Treatment, Power Transmission, Government, Manufacturing (Industrial), Power Generation (CCGT) |
Article published date | 2024-09-27 |
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