Gezhouba Group buys up Brazilian water project

Chinese construction and engineering firm, Gezhouba Group, has become the 100% controlling shareholder of the São Lourenço water supply project in Brazil, Economic Daily reported. The company bought out the project from two Brazilian private conglomerates, Camargo Corrêa and Andrade Gutierrez. The acquisition — for an undisclosed amount — is considered to be a further […]