From Bloomberg
VA Tech Wabag Ltd. (VATW), the biggest maker of water-treatment plants in India, won a $40 million contract in Tanzania to expand in Africa.
The company will build a 130 million-liter (34 million-gallon) a day plant at Upper Ruvu, it said today in a statement. The Exim Bank of India-funded project is the Chennai-based company’s first in sub-Saharan Africa.
Written by Karthikeyan Sundaram/Read more at Bloomberg