Specifically, GS Inima holds 30 percent, Malaysian water treatment company RBC Water, 30 percent, and individual Vietnamese investors have a 40 percent stake in the PMV - the owner and operator of two industrial water treatment plants in Long An.
According to GS E&C, the demand for industrial water treatment and supply is expected to increase sharply in the fast-growing Vietnamese economy.
“The water treatment business is an important growth driver of GS E&C and a key player in the environmental, social and corporate governance era,” said Huh Yoon-Hong, the CEO of GS E&C.
GS Inima previously entered the South American market by acquiring Brazil`s BRK Ambiental’s industrial water treatment business in 2019 and entered the Middle East market by winning a seawater desalination project in Oman in 2020./.