Dayen refocuses on its water business

After posting losses for almost half a decade, Dayen Environmental eyes S$300 million worth of water contracts for 2010.

Reuters reported Dayen Environmental CEO Alan Yau as saying, "What we've done is to refocus our strategy… For Dayen now, we will only be doing water and nothing else."

According to the report, not only has Dayen bid for over S$300 million of contracts but is also looking at a S$300-S$500 million project in China.

Dayen will focus on its core business of engineering and servicing water and waste water plants in Singapore and the region.

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