Hai Duong proposes not to transfer state capital to 2 clean water enterprises

July 17, 2023 17:15

On July 17, the People's Committee of Hai Duong province reported on maintaining the state capital ratio in equitized enterprises operating in the industry and fields of exploitation, production, clean water supply and urban and rural drainage.


There are currently two enterprises operating in the water supply sector in the province managed by the Provincial People's Committee. In the photo: Clean water supply truck of Hai Duong Clean Water Trading Joint Stock Company

Accordingly, the Provincial People's Committee proposed not to transfer the right to represent the ownership of state capital from the locality to the State Capital Investment and Trading Corporation for Hai Duong Clean Water Trading Joint Stock Company and Hai Duong Clean Water and Rural Sanitation. The reason is that these two enterprises are currently operating in the clean water business supplying to localities in the province. In addition, the enterprises also perform a number of social security tasks and political tasks assigned by the province. The Provincial People's Committee needs to represent the ownership of state capital in the enterprises.

Currently, in Hai Duong, there are 2 enterprises operating in the field of water supply managed by the Provincial People's Committee, namely Hai Duong Clean Water Business Joint Stock Company (state capital accounts for 65% of charter capital) and Hai Duong Clean Water and Rural Sanitation Joint Stock Company (state capital accounts for 84.3% of charter capital). According to the report of the Provincial People's Committee, clean water for daily life is an essential commodity serving people's lives, affecting social security. It is necessary for the State to regulate, manage and orient to ensure safety in clean water supply services for people's daily lives, especially in rural areas, remote areas, and isolated areas...

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Hai Duong proposes not to transfer state capital to 2 clean water enterprises