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Citic Envirotech JV secures 3b yuan river project

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Published Thu, May 18, 2017 · 09:50 PM

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Singapore

ENVIRONMENTAL engineering firm Citic Envirotech has, through a joint venture, secured a three billion yuan (S$610 million) river-restoration project in an eastern Chinese city.

Citic Envirotech will invest S$366 million for its 60 per cent stake in the joint-venture project company undertaking the work.

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