Eco-business.com, 27 May 2011Investments are pouring into Singapore’s water industry.
Over the last five years, projects have been launched that will eventually add $590 million to the country’s gross domestic product (GDP). This will take the industry’s share of GDP to $1.25 billion – nearly double what it was in 2005.
Experts said the surge in investments is due to Singapore’s business-friendly environment, which attracts foreign firms to set up regional headquarters here, as well as more local companies venturing into the water business. Full story
