(Engineering Daily) Nguyen Anh Duong = Thai companies are expanding their influence in the Vietnamese water market.
According to sources in Vietnam, Thailand's WHA Utility and Power Plc have secured a 34% stake in the water treatment facility on the Duong River.
The newly acquired stake is reportedly worth $89.35 million, which was completed on Oct. 25.
The water treatment facility on the Duong River, currently in operation, is a 0.3million㎥ water treatment facility a day, and is planning to expand it to 1.2million㎥ by 2030.
After the expansion is completed in the future, it is expected to be able to supply water to three million people, about one-third of Hanoi's population.
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