经济开发区管委会主任).-SembcorpIndustries.PDFVIP

SEMBCORP SIGNS AGREEMENTS TO EXPLORE EXPANDING ITS WATER AND INDUSTRIAL PARKS BUSINESSES IN CHINA’S JIANGSU PROVINCE Singapore, October 24, 2011 – Sembcorp is pleased to announce that its wholly-owned subsidiaries, Sembcorp China Holding and Sembcorp Industrial Parks, will be signing agreements with the Qidong LVSI Coastal Economic Development Zone (Qidong EDZ) Administration Committee and the New District Administrative Committee of Wuxi Municipal Peoples Government respectively, to explore further business opportunities in Jiangsu province, China. The agreements will be signed during the Singapore-Jiangsu Cooperation Council meeting later this morning. Sembcorp China Holding will be signing a Letter of Intent (LOI) to explore the formation of a joint venture to build, own and operate an industrial wastewater treatment plant with a total capacity of 40,000 cubic metres per day, to be developed in phases. The facility is capable of treating high concentration industrial wastewater from multiple sources, and will be located in the Qidong EDZ, a new petrochemical industrial park in Jiangsu province. Located near Sembcorp’s award-winning wastewater treatment plant in Zhangjiagang, this new facility is expected to complement the Group’s existing water operations in Jiangsu province. Sembcorp is expected to hold at least 80% stake in the proposed joint venture, while Qidong EDZ Administration Committee’s wholly owned investment company will hold the remaining stake. The LOI will be signed by Alan Yau, Chief Executive Officer of Sembcorp China (廖伟豪, 胜科中国 区首席执行官) and Hua Wei, Director of Qidong EDZ Administration Committee (华伟，吕四海洋 经济开发区管委会主任). Additionally, Sembcorp Industrial Parks and the New District Administrative Committee of Wuxi Municipal Peoples Government (WND) will be signing a Memorandum of Understanding (MOU) to deepen and expand cooperation in Jiangsu province as well as internationally. Sembcorp and WND seek to explore collaboration