The Water & Wastewater Technology sector is enjoying strong growth in Asia. Since 2006, Singapore has made significant strides in growing the water industry and its supporting ecosystem. Singapore ‘s government’s commitment in developing our country into a Global Hydrohub has aided USI Technologies to grow rapidly in the water and wastewater industry.
As quoted from the joint press release issued by PUB, Economical Development Board, International Enterprise Singapore dated 26 May 2011,
“The Singapore water industry has shown significant progress since it was identified as a strategic growth area in 2006. To date, Singapore is home to a thriving water industry of more than 70 local and international companies. Investments by water companies in the period of 2006 to 2010, when fully realised, will add S$590 million of annual value-added to our economy and generate 2,300 professional and skilled jobs. Singapore-based water companies have also done well in serving the international market, with cumulative project value reaching S$8.4 billion over the same period.
The Environment and Water Industry Programme Office (EWI), an inter-agency effort lead by PUB, the national water agency, the Economic Development Board (EDB) and International Enterprise (IE) Singapore, will continue to build on the strengths of Singapore’s water industry to achieve its target contribution of S$1.7 billion to Singapore’s GDP and 11,000 jobs by 2015.
Singapore’s status as a global hydrohub is cemented in the development of a strong ecosystem of local and international companies, conducting a range of activities including research and development (R&D), testbedding, engineering, manufacturing and headquarters operations.” Read more for complete press release