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POOR infrastructure has long been the Achilles' heel of many African countries,hampering economic development and impacting on people's daily lives.Providing infrastructure is therefore high on the agenda in Africa and one company heavily involved in this field is China's Sinohydro Group Ltd.
A leading company in the hydroelectric industry,Sinohydro has been committed to developing China's hydropower and harnessing water sources.It has built or been involved in the construction of 70 percent of China's large and mediumsized hydropower or water control projects with a cumulative installed capacity of nearly 130 million kw.With nearly 70percent of domestic hydropower market share,Sinohydro went public in October 2011.Up to the end of 2011,its total assets amounted to 95.6 billion yuan ($15.1 billion).