Tuesday, June 15, 2010

Japan and Saudi to create desalination giant | utilities-me.com

Japan and Saudi to create desalination giant | utilities-me.com: "In a landmark deal, two Japanese firms have signed a deal with Saudi infrastructure developer ACWA Holding to create a joint venture that will assist desalination projects in the Kingdom.

Called Arabian Japanese Membrane Company, the new firm will have an estimated capital of $347m. Estimated total investment into the partnership over the next decade is expected to weigh in at around $352m."

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