Singapore's Water Industry Continues Growth
Published on by Water Network Research, Official research team of The Water Network in Business
Singapore's Growth Momentum in the Water Industry is Reflected in the Tripling of the Number of Water Companies Since 2006, SaysEnvironment and Water Industry Programme Office
Singapore's growth momentum in the water industry is reflected in the tripling of the number of water companies since 2006, bringing the total to 150 water firms and 26 research centres today.
New investments over the last year included Beijing Enterprises Water Group, a leading provider of water and environment services in China, which established its international headquarters in Singapore to build critical capabilities and address overseas markets.
With the overall water infrastructure market size in Asia from 2010 to 2020 estimated to be US$400 billion, Singapore-based companies have been going overseas to explore potential projects. For example Singapore-based firms secured 13 projects worth S$274 million last year.
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