The Macao Water Supply Company Limited (Portuguese: Sociedade de Abastecimento de Águas de Macau) or Macao Water (Portuguese: SAAM) in short, is a company dealing with water supply in Macau, China.[2][3]
History
Macao Water was originally established in 1932 as a private company in Portuguese Macau. On 1 August 1935, the company became a subsidiary of Macao Electricity Lighting Co. Ltd (MELCO) after the government and MELCO signed a 60-year concession contract. In 1982, it was reorganized to meet the rapidly growing water demands of Macau’s population. In June 1985, Sino-French Holdings (Hong Kong) Limited acquired Macao Water, taking an 85% equity stake.[1][4]