While we're waiting...
An article on Reuters on Chinese gov't investment in sewage treatment, clean water and foreign firms rushing in to help out.
"
Global sewage and water treatment firms are eyeing opportunities in an unsavory place: a growing pile of waste in China, the world's most populous nation.
The country has been for years battling contamination from fertilizer run-offs, heavy metals and untreated sewage. A survey in 2015 showed nearly two thirds of China's underground water and a third of its surface water was unfit for human contact.
To reverse this, China has pledged to lay 126,000 kilometers of new sewage pipes by 2020, enough to circle the globe three times, and raise urban wastewater treatment by 50 million cubic meters a day, equal to 20,000 Olympic-size pools
This has opened the floodgates to sewage specialists, like Israel's Emefcy (EMC.AX), RWL Water - controlled by Ron Lauder from Estee Lauder (EL.N) and France's Veolia (VIE.PA), who want to grab a share of the market with China's annual environmental spend estimated at 3 trillion yuan ($441 billion) over the next five years......."
One of the companies not mentioned above, to me anyway, is Monadelphous.
They already have SinoStruct established in China for fabrications; already purchased Water Infrastructure and pretty much control ANQ... It's sensible for them to go into China to get some of that $441B pie.
So if XEPT don't step up to show both the cash and the influence to move things along quicker than the typical hurdles and vetting process... I would not be impressed if I were MND and might very well look for another Chinese partner for that march.
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