Water management firm signs Vietnam deal
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WHA Utilities and Power PLC has announced the establishment of its subsidiary to invest in and operate water businesses in the WHA Hemaraj Industrial Zone in Nghe An Province, Vietnam, with a business licence for 49 years.
Wisate Chungwatana, WHAUP CEO, revealed its continuous investment plan over the 498-hectare site. The demand for industrial and waste-water treatment is estimated at around 12,000 cubic metres per day and 9,600 cubic metres per day, respectively.
Wisate said that the company directors approved the establishment of a new subsidiary, the WHAUP Nghe An Joint Stock Company, to invest in and operate water business in Vietnam with its first project in Nghe An.
It marks WHAUP’s first step to expand its business into the international market, especially in Cambodia, Laos, Vietnam and Myanmar.
