Darco-InfraCo Asia tie-up clinches S$50m of projects in Vietnam

Singapore

MAINBOARD-LISTED water treatment company Darco Water Technologies said on Thursday that it will partner InfraCo Asia Development on a design, build, own, operate (DBOO) model for four municipal water treatment projects in Vietnam.

The 50-year concession projects - total investment for which will come up to around S$50 million - are targeted to provide up to 62,000 cubic metres of water that will benefit some 500,000 residents in Vietnam.

This is said to be a significant move for Darco as it is adopting a DBOO model in Vietnam for the first time, transforming t…