Guangzhou Dongxin Expressway, in which NWS Holdings holds 40.8% equity interest, was officially opened to traffic on 31 December 2010.

The Macao SAR and Companhia de Electricidade de Macau - CEM, S.A.signed the Power Supply Contract Extension for 15 years on 3 November 2010. The new contract terms came into effect on 1 December 2010.

In line with its corporate strategy to streamline its business structure, NWS Holdings entered into an agreement with Fung Seng Enterprises Limited to dispose of certain subsidiary companies engaged in service businesses for a total consideration of HK$888.5 million.

In June 2010, NWS Holdings entered into an agreement in respect of the acquisition of 8% equity interest in China United International Rail Containers Co., Limited ("CUIRC") at a consideration of approximately HK$350 million. After completion of the acquisition, the Group has increased its interest holding from 22% to an aggregate of 30% in CUIRC.

Sino French Water Development Company Limited, together with Chongqing Water Group and Changshou Chemical Industrial Park Development and Construction Company Ltd., secured a new 50-year concession for industrial water services in Chongqing Changshou Chemical Industrial Park via a new joint venture of the three parties in May 2010. The effective shareholding by NWS Holdings was 25.52%.

Sino French Water Development Company Limited was awarded an Operation and Maintenance contract in Dalian for two wastewater treatment plants on Changxing Island in April 2010.

On 29 March 2010, Sino French Water Development Company Limited strategic partner, Chongqing Water Group, was listed on Shanghai Stock Exchange. It was Chongqing’s first key state-owned enterprise to obtain a listing in A shares on the Shanghai stock market.