Tag: drainage companies

The industry can be classified as state-owned companies, investment companies and foreign capital companies according to the main competition bodies, in which state-owned companies still dominate the market. The main business model is government franchise operation. Companies with franchise operation right gain profits from government procurement, supplying sewage treatment service to governments instead of directly towards residents; large enterprises expand through merger and acquisition, BOT, entrusted operation, etc. State-owned companies Most are restructured state-owned public service units. In most cities of China, water companies manage and regulate both tap water…