|Singapore: Water Treatment & Wastewater Recycling Systems|
|Tuesday, July 21, 2009|
The market in Singapore is ripe for new and innovative water treatment and wastewater recycling systems as it continues its effort to achieve water independence. Singapore is a small country of only 4.6 million people with limited water resources. The country imports approximately 52% of its water from Malaysia. However, two water agreements with its neighbor are due to expire in 2011 and 2061.
Singapore: Water Treatment & Wastewater Recycling Systems. By Haw Cheng NG, 05/2008. U.S. Commercial Service.
Since 2001, the Public Utilities Board (PUB), Singapore’s national water authority, has outsourced some $3.0 billion worth of water infrastructure projects, such as the Deep Tunnel Sewerage System, Marina Barrage, NEWater facilities and desalination plants, to the private sector. In addition, the Government of Singapore (GOS) is encouraging industrial users to conserve and recycle water through a media campaign, legislation and economic incentives.
The water conservation and recycling equipment market is growing in tandem with the flourishing water sector. The current size of the market for water conservation and recycling systems is estimated at $950 million. The recent economic upturn significantly increased water demand. In the past year, some trade sources reported that their sales of water conservation and recycling systems improved by as much as 50%. The sector has also seen much greater sales to the Government of Singapore.