Singapore's water companies aim to quench China's $850 billion thirst

Published on by in Business

Singapore's water companies aim to quench China's $850 billion thirst

Water companies in Singapore are attracting big-name investors as they profit from exporting their expertise to China, which plans to spend $850 billion over the next decade to improve its scarce and polluted water supplies.Singapore is a hub for water technology because of its own concerns about water security. With few domestic freshwater resources of its own, the city-state has been trying to reduce its reliance on imports fromneighboringMalaysia, where politicians have in the past threatened to turn off the taps.

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