Singapore International Water Week 2010 Sees Singapore Companies Clinch Deals

Singapore, 5 July 2010 - The recently concluded Singapore International Water Week 2010 (28 June to 2 July 2010) ended on a high note for many local and international water companies, where the total value of announcements for projects awarded, tenders, investments into Singapore and R&D MOUs exceeded S$2.8 billion, up by 27% from last year’s S$2.2 billion. The event, which was held together with the World Cities Summit this year, also saw a  record increase in the number of trade attendees to over 14,000 from 85 countries/regions.

“We are extremely pleased with the positive outcome at the 2010 Singapore International Water Week which continues to grow into its third year. The continued strong support from participating countries and regions is an affirmation of our vision to be the global platform for water solutions.  Despite the uncertain global economic recovery, water remains a key focus area for governments and industries as cities around the world continue to grow at an unprecedented rate with rapid urbanisation. Many countries continue to seek clean and affordable solutions to meet their respective needs and use the Water Week as a platform for learning, exchange and networking. We are delighted with the significant increase in the total value of announcements during the week. It augurs well for the growing water sector across the globe and in ensuring delivery of water services where needed,” said Michael Toh, Managing Director of Singapore International Water Week.

Some of the more significant deals closed at last week’s Water Week included the combined S$69 million contract clinched by home-grown water company, Moya Dayen Limited, from the Phnom Penh Water Supply Authority in Cambodia for Phase 1 of the Niroth Water Production Facilities Project. Awarded in two contracts, Moya Dayen will undertake the supply, delivery, and construction of a 25 metres high intake tower located in the Mekong River, a raw water pumping station and a raw water transmission main as well as other ancillary works.

Under the second contract, Moya Dayen will construct a water treatment plant which includes treated water tanks, a treated water transmission main and other ancillary buildings.  When completed, the Niroth Water Production Facilities – Phase I will be one of the largest water treatment facilities, producing 130,000m3/day of potable water, to serve the greater Phnom Penh population.

During the week, another Singapore home-grown energy, water and marine group, Sembcorp, also signed a Memorandum of Understanding (MOU), worth S$280 million to expand seawater desalination capacity in the United Arab Emirates (UAE). On the local front, the company announced that it will develop a new integrated wastewater treatment facility in Jurong Island’s Tembusu District.

A local subsidiary of Boustead, a global infrastructure engineering company, was awarded a S$21 million contract for the first New Water recycling plant in UAE.

Several collaborative agreements were also signed during the week including the joint development of Optiqua’s real time sensor technology by Optiqua Technologies, a subsidiary of Dutch optical sensor company Optisense and national water agency PUB, as well as a joint research and technology testing program to further develop energy-efficient water and wastewater treatment solutions by ITT Corporation and PUB.

Global Water Intelligence, the leading information service for the international water industry also announced its plans to set up its Asia office in PUB’s WaterHub, a centre for technology, learning and networking and home to many renowned water-related organisations such as the Singapore Water Association, International Water Association, Netherlands Water House, Singapore Society for Trenchless Technology, and R&D institutes of leading water players like Siemens, Nitto Denko and Optiqua Technologies.

 

Source: Singapore Public Utilities Board