Dealing with the growing volumes of waste has emerged as one of the biggest challenges faced by governments globally. Recognising that the waste and wastewater treatment industry has strong market prospects due to rising urban populations, the Group is exploring the acquisition of existing waste or wastewater treatment facilities in the People’s Republic of China (“PRC”) and Singapore.

The Group has a 60% equity interest in Blufu Water (Xinmin) Co., Ltd, which is principally involved in managing wastewater treatment plants owned by the PRC government. The projects undertaken by Blufu Water are sewage treatment, water pollution control, resource recycling service technology, environmental protection consultancy and technological developments, among others.