China Energy Engineering Corp (CEEC) announced on Monday that it has signed a strategic cooperation agreement with Saudi Arabia's International Company for Water and Power Projects (ICWPP).
According to a filing to the Hong Kong stock exchange, CEEC said the two will carry out pragmatic cooperation in sectors such as electric power and desalination.
ICWPP is a private enterprise in Saudi Arabia, with investing in and operating electric power and sea water desalination projects. It has investment in about 10 countries including Saudi Arabia, South Africa and Vietnam, managing assets exceeding $33 billion.
Editor:Yaling
