How to play India

Article Abstract:

Foreign investment in India is higher than ever, with four new mutual funds investing only in India being created since Jun 1993. As central planning shrinks, foreign investors are hoping to take advantage of India's established export sector and talented managers and engineers. There are 22 stock exchanges in the country, but foreign individuals must go through institutional investors to buy stock. There are three mutual funds in India that sell to foreign individuals. However, some experts say that foreign excitement over opportunities means the market is artificially high.

Stock-exchange, Stock exchanges, Investments, India, Privatization, Privatization (Business), Investor relations

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Waste busters

Article Abstract:

Enviropace Ltd will begin operating Hongkong's newest hazardous waste facility on Jun 2, 1993. Enviropace is a joint venture owned by a British firm, Waste Management International, and two Hongkong firms, Citic Pacific and Kin Ching Besser. The new $130 million facility, to be located on 2.5 hectares of land on Tsing Yi Island in Victoria Harbor, will render toxic chemicals harmless by breaking them down and then adding neutralizing agents. Some of the treated chemicals will then be burned in incinerators powered partly by recovered waste oil.

Planning, Buildings and facilities, Hong Kong, Hazardous waste management industry, Waste management, Hazardous waste treatment facilities, Enviropace Ltd.

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