Hyflux makes foray into Mexico projects

WATER treatment firm Hyflux has signed a memorandum of understanding (MOU) with Banco Interacciones, Mexico's leading infrastructure bank, to collaborate on water projects in Mexico.

The move, through wholly owned subsidiary Hyflux International, is Hyflux's first foray into Latin America.

Gerardo Salazar Viezca, chief executive officer of Banco Interacciones, said: "This alliance represents a market potential of advising, constructing and operating no less than three projects this year, (and) no less than 200 projects in the next five years."