Xin Lang Cai Jing·2026-02-02 12:33Core Insights - The Chinese environmental industry has shown a highly active trend in overseas expansion from January to August 2025, with an average of over three "outbound" cooperation projects per month, including project implementation, exchanges, equipment delivery, and factory investments [1][12] - Central Asia and Southeast Asia are the primary regions favored by Chinese environmental companies for project implementation, indicating significant strategic importance and economic potential in these markets [1][12] Investment Overview - The total disclosed investment amount for outbound projects has reached over 100 billion RMB, highlighting the substantial economic scale and strategic significance of overseas operations [1][12] Company Strategies - Kangheng Environment: Focuses on technological innovation and regional deep cultivation, with a clear strategy of "easy to difficult, key breakthroughs," using Southeast Asia as a core springboard and targeting large projects in Central Asia [4][15] - China Tianying: Emphasizes strategic mergers and acquisitions, having transformed from a project contractor to a global environmental service operator through the acquisition of Urbaser in 2019 [5][16] - Yingfeng Environment: Adopts a differentiated approach of "overseas factories + customized products," achieving significant success in high-end equipment exports, with a 135% year-on-year increase in overseas orders in 2024 [5][16] Regional Market Analysis - Southeast Asia: This region is characterized by a relatively complete mechanism and clear demand, with a potential green economy estimated to create about $150 billion in annual revenue opportunities by 2030 [7][18] - Thailand: The country has a stable business environment and infrastructure, with government plans to become a regional hub for new energy vehicles and high-end manufacturing, creating demand for industrial VOCs governance and wastewater treatment [7][18] - Malaysia: The government aims to increase the share of renewable energy to 40% by 2030 and plans to build 18 waste-to-energy plants by 2040, presenting unique opportunities for distributed energy solutions [8][19] - Philippines: The country has significant infrastructure investment plans, with a focus on renewable energy and water treatment facilities, driven by high electricity prices and frequent outages [9][20] - Central Asia: This market, particularly Kazakhstan and Uzbekistan, presents high growth potential with nearly no existing waste incineration projects, supported by strong bilateral cooperation frameworks [10][21]