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Singapore's New Asia Investments backs Vietnam water treatment facility

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(Credit: New Asia Investments) This image file contains the company logo of Singapore-based investment fund New Asia Investments.New Asia Investments
January 6
8:03 AM 2014

GD Wasser announced on Monday that it has invested an undisclosed amount to complete a new waste water treatment plant in Vietnam. GD Wasser is a portfolio holding of Singaporean investment fund New Asia Investments, according to Bernama.

Based on GD Wasser's Monday statement, the said project involved the upgrade of an existing water treatment facility located at the Duc Hoa industrial park, Long An province, near Ho Chi Minh City. At present, the plant is in its commissioning phase, the report stated.

The new plant has a capacity of up to 1,300 square meters per day. It has been built for the purpose of cleaning the waste water produced by Duc Hoa industrial park before disposal into the Mekong River, the report explained.

The upgraded facility now utilizes modern waste water treatment processes and equipment. GD Wasser engineers have designed and optimized the said equipment to attaint rhe best quality while maintaining cost efficiency, the report said.

This investment marks the entry of GD Wasser into the industry of waste water treatment, Bernama reported.

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