Hong Kong

Land tax as alternative to cuts in Latvia and other countries

A group of economists and others in Latvia have formed a 'Reform Task Force Latvia' to promote  alternative economic policies to the Latvian government's cuts public spending, including the pay of public employees. The task force has a website at www.rtfl.lv . It has held two conferences, and in May 2010 published a comprehensive report 'Latvia Renewed', at http://www.rtfl.lv/documents/Latvia_Renewed_2010.pdf

JBIC loan to BLCP Coal-Fired Power (Thailand)

JBIC Signs Loan Agreement for the BLCP Coal-Fired Power Plant Project in Thailand, First Project Finance Loan to Thai IPP (March 30, 2004) - 1. Japan Bank for International Cooperation (JBIC; Governor: Kyosuke Shinozawa) signed today a loan agreement totaling 408 million US dollars with BLCP Power Ltd. in Thailand to finance the BLCP Coal-Fired Power Plant Project. The loan was cofinanced with private banks (agent bank: the Bank of Tokyo-Mitsubishi).

Manila water expansion projects Philippines & Asia

Manila Water Company Inc (MWC) is the private operator of the east zone concession of the Metropolitan Waterworks and Sewerage System (MWSS) in Manila, Philippines. When MWSS was privatized in 1997, it was touted as the biggest water privatization in the world. MWSS was divided into two zones (east and west) and the management of each zone over 25 years, including financing for capital investments, was bidded out to two private companies. The International Finance Corporation (IFC), World Bank’s private sector arm, advised the privatization; it is now a major shareholder of MWC. Ten years hence, Manila Water has stretched its wings and ventured into ‘markets’ outside its concession, not only in the Philippines but also in the Asian region. International water companies have moved out or slowed down in Asia and the company has aggressive plans to fill in this gap and largely ‘untapped’ market.

Jusco's Bhopal water project

Jamshedpur: Bhopal Municipal Corp (BMC) recently awarded Jamshedpur Utilities & Services Company (Jusco) a maintenance contract for a part of the town's water management system. The company, which won the contract through a bidding process, is to commence work soon on the year-long 'leak detection & rectification' project. The BMC project, worth Rs 2.20 crore, is being funded by the Asian Development Bank under the urban water supply & environmental improvement project of the Madhya Pradesh government. "The unaccounted-for-water contract is an affirmation of Jusco's experience and expertise in the field of water infrastructure and distribution," Rajesh Rajan, Jusco's head of corporate communication, told FE.

Hongkong water (newsclips 2005-jun07)

Compilation of news re Hongkong water sector

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