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Dialogue with Mr. Jorge Mora, Chief Executive Officer of Veolia Environment Group (Asia)

Tang Hangjie: Mr. Hawke Thank you very much for answering this question. Now here is a question for Mr. Jorge Mora. It precisely corresponds with what Mr. Hawke has just mentioned, that is, we should look at the relationship between technology and market as well as economic development and environment from a dialectical perspective. He raised such an interesting question: what are the main factors on your (VEG) decision to invest in an area? And by the way, we know in the next three years your company will invest 1 billion US dollars in the Chinese market. I was wondering whether you have any plan about how much the investment proportion is in specific areas or not? And how much will be invested in Guangzhou?


Mr. Jorge Mora: It is that how much you want us to invest, rather than we want to (in Guangzhou). I can tell you that we are willing to invest as much as we can. Please believe what I said. I started our business in the Chinese market in 1995. I had my first negotiation with a waste treatment factory (wastewater treatment plant) in Guangzhou, and this took me 10 years, and we achieved the real success three years ago. If you ask me why I did it at that time, the answer is that we need to invest and gain a high income. But if you have wanted me to invest 20 to 30 years ago, I would also have invested.


Just as Mr. Deng Xiaoping said, "No matter the cat is white or black, as long as it can catch mice, then it is a good cat," I do not know it is a white cat or black one, but I want to tell you that I will continue to invest in Guangzhou as long as there is a need. I can invest as much as I can for the common interests of Guangzhou and my company.


Thank you!

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