S$2.2 billion worth of deals signed and sealed.ISLAMABAD, June 29, 2009 (Balochistan Times) -- S$2.2 billion worth of deals signed and sealed at Singapore International Water Week 2009 More than 10,000 attendees from over 85 countries/regions visited the week long event which drew to a close last Friday. Singapore, 29 June 2009 - The second Singapore International Water Week ended on a high note for many local and international water companies who sealed deals totalling S$2.2 billion, nearly six times the amount achieved last year. Said Mr Michael Toh, Managing Director of Singapore International Water Week, We are greatly encouraged by the strong response to this years Singapore International Water Week. Despite trying economic conditions, the six-fold increase in the value of deals signed during the week shows that the water industry is poised for further growth. Water remains a key area for many governments and industries. They are continuously seeking cost-effective and sustainable solutions to their water problems and have managed to find some of the answers at the Singapore International Water Week. Our show, only in its second year, is proving to be a key draw for water leaders and businesses, not just in this region, but around the world. Key deals concluded Hyflux signed a Memorandum of Understanding A Memorandum of Understanding (MoU) is a legal document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action and may not imply a legal commitment. (MOU (Minutes Of Usage) A metric used to compute billing and/or statistics for telephone calls or other network use. ) with ABB n. 1. Among weavers, yarn for the warp. Hence,Noun 1. ABB - an urban hit squad and guerrilla group of the Communist Party in the Philippines; formed in the 1980s for Hyfluxs Algeria Magtaa Project worth S$28 million. Another MOU was signed with Dutch Technology Foundation STW, for a partnership research programme on advanced membrane separation technologies. The programme is expected to have a value of some S$6 million. Hyflux also signed a joint venture with the Libyan state-owned General Desalination desalination or desalting Removal of dissolved salts from seawater and from the salty waters of inland seas, highly mineralized groundwaters, and municipal wastewaters. Company for a venture to build two seawater seawater Water that makes up the oceans and seas. Seawater is a complex mixture of 96.5% water, 2.5% salts, and small amounts of other substances. Much of the world's magnesium is recovered from seawater, as are large quantities of bromine. desalination plants in Tripoli Tripoli, city, Lebanon Tripoli (trĭp`əlē) or Tarabulus (täräb` l and Benghazi with a combined
capacity of more than 900,000 cu m / day. The fruit of GE and National
University of Singapore The National University of Singapore (Abbreviation: NUS) is Singapore's oldest university. It is the largest university in the country in terms of student enrollment and curriculum offered. (NUS) partnership is the S$150 million research
and development centre that was opened during the Water Week. The NUS-GE
Singapore Water Technology Centre - within the school of engineering at
the National University of Singapore - aims to develop safe drinking
water drinking watersupply of water available to animals for drinking supplied via nipples, in troughs, dams, ponds and larger natural water sources; an insufficient supply leads to dehydration; it can be the source of infection, e.g. leptospirosis, salmonellosis, or of poisoning, e.g. systems across Asia and will develop new solutions for low-energy seawater desalination, water reclamation and more efficient water reuse. Toray Industries Toray Industries, Inc. (東レ株式会社 Tōre Kabushiki-gaisha , Inc. announced the establishment of a S$10 million Toray Water Technology Laboratory. The water laboratory will conduct research and development of water treatment technologies focusing on membrane-based water technologies and innovative water treatment technologies in the area of membrane fouling mechanism. Local water player Dayen Environment signed a MOU, totalling S$10 million, with two European partners, ConSideR Group and Colsen International to provide sustainable water solutions to Asia and the Middle East region. Encouraging statistics Despite the economic crisis and the impact of Influenza A influenza A n. Influenza caused by infection with a strain of influenza virus type A. influenza A Infectious disease An avian virus, especially of ducks–which in China live near the pig reservoir and 'vector'; (H1N1), the Water Week received strong support from the global community, including key international organisations, as well as the government, industry, research and consultancy sectors. More than 10,000 trade attendees comprising delegates, visitors and exhibitors from over 85 countries/regions participated in this years Water Week, surpassing the attendance of 8,500 last year. Feedback from the participants on the Water Week and its pillar events such as the Water Leaders Summit, Water Convention and Water Expo, has been very positive all-round. The Water Leaders Summit attracted about 300 high-level delegates from 49 countries including the Crown Prince of Orange, President of Asian Development Bank Asian Development Bank A financial_institution established in 1966 to reduce poverty in the Asia-Pacific region. The bank is headquartered in Manila, Philippines and consists of 61 member countries. , Vice President of World Bank, the Water and Environment Ministers of Qatar, Malaysia, Brunei, Sri Lanka Sri Lanka (srē läng`kə) [Sinhalese,=resplendent land], formerly Ceylon, ancient Taprobane, officially Democratic Socialist Republic of Sri Lanka, island republic (2005 est. pop. and Laos as well as CEOs of international global water companies and water organisations. Over at the Water Convention, more than 800 experts, academics and practitioners from 68 countries came together to discuss the advancements and challenges in water technologies. In particular, the enhanced networking and business opportunities, like the Industry-to-Industry networking sessions to enable cross industry interaction at the Water Week were well received as testified by the robust attendance at every session. The Water Expo, a major water trade show showcasing the latest and widest range of products, services and water technologies, was a sell-out event. The entire 12,000 sq m of covered exhibition space was completely sold out. The Singapore Pavilion, showcasing Singapores water story as well as the capabilities of local industry, expanded five-fold to 1,000 sq m this year. The Expo featured more than 420 exhibiting companies from some 28 countries/regions. Said Mr Jimmy Lau, Managing Director, Singapore Airshow The Singapore Airshow, formerly known as Changi International Airshow, is a biennial aerospace event scheduled to be held in Singapore starting from 2008. The event was created after Reed Exhibitions relocated Asian Aerospace, held in Singapore since 1981, to Hong Kong due to & Events Pte Ltd PTE LTD Private Limited (SAe), co-organisers of Singapore International Water Week, The strong take-up of exhibition space at this years Water Expo is a very positive outcome especially against a backdrop of an unprecedented global economic downturn and challenging business climate. This growth is a testimony of the endorsement and robust support from our exhibitors and partners. The Water Expo is now an event of choice in the water industrys calendar of must-attend events. Already more than 20% of exhibition space, including that booked by some Founding Sponsors, have been reserved by exhibitors for next years Water Expo. A total of twenty-eight new products and technologies were unveiled for the first time in Asia or the world at the Water Expos Innovation Corner, signalling a strong endorsement of the Water Week as an important platform for such global and regional launches. Nine market-centric business forums covering key water markets such as China, India, the Middle East, and Southeast Asia Southeast Asia, region of Asia (1990 est. pop. 442,500,000), c.1,740,000 sq mi (4,506,600 sq km), bounded roughly by the Indian subcontinent on the west, China on the north, and the Pacific Ocean on the east. were held with full-house capacity at each session. The new forum on Financing for Water Infrastructure & Technologies addressed how the credit crisis has affected the financing of water projects and what business opportunities could emerge from the changing financial landscape. Apart from these, more than 70 co-located events were held alongside the Water Week. They include the 7th Ministers Forum on Infrastructure Development in the Asia Pacific Region and the International Water Association (IWA IWA International Water Association IWA International Webmasters Association IWA Inland Waterways Association (UK) IWA International Windsurfing Association IWA Williams-Gateway Airport )s Leading Edge Conference for Water and Wastewater Technologies. We are very pleased with the success of this years Water Week, especially so because some of our sponsors, partners and supporting organisations have had a fruitful time. Even as we say goodbye to Water Week 2009, we are already looking forward to 2010 where the focus will be on efficient and cost-effective solutions to provide safe drinking water at an affordable price to the masses amid the global economic downturn. Next years show, to be co-located with the World Cities Summit 2010, will be even more exciting! (THROUGH ASIA PULSE) |
|
||||||||||||||||

l
Printer friendly
Cite/link
Email
Feedback
Reader Opinion