Veolia Environement, headquartered in France and one of the world's largest water and waste management companies, has increased its presence in the Chinese market. It has signed contracts valued at more than US$150m over their lifetimes to build a waste treatment plant in Beijing and a wasteto- energy plant in Shanghai.
The contracts follow the construction of a Veolia plant in Tianjin, which is China's first industrial waste facility. The company also operates the country's largest privatelyowned landfill, situated in Guangzhou.
Henri Proglio, chairman and chief executive of Veolia and a permanent economic advisor to the mayor of Beijing, said the group was also interested in entering China's energy services and transport sectors.