Tianjin Capital to invest RMB503 mln in infrastructure and enviroment projects

Ma Baiyu, chairman and  general manager of Tianjin Capital Environmental Protection Company(1065) said the company planned to invest RMB 200 mln in an infrastructure project and an environmental protection project in two years in order to enlarge its profit sources , reported by newspaper.Ma Baiyu revealed that RMB485 mln would be invested to Haihe toll bridge project in Tianjin which would be started in the middle of this year and completed at the end of the year.Furthermore, she said the company would also invest RMB18 mln to buy 90% shares of Tianjin Zhongshui Construction from Tianjin government.

Related stock : (1065)