BRIEF-China CAMC Engineering's 2016 net profit up, plans fund management firm, JV

March 31 (Reuters) - China CAMC Engineering

* Says 2016 net profit up 21.8 percent y/y at 1.3 billion

yuan ($188.83 million)

* Says it plans to set up fund management firm Silvi

Industries Management with Sweden's Silvi Industries AB

* Says it plans to set up JV with registered capital of

177.0 million yuan for water infrastructure PPP project

Source text in Chinese:;;

Further company coverage:

($1 = 6.8845 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)