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African Experts Call for Accelerating Infrastructure Development

JOHANNESBURG (Economic Community of West African States) — Stakeholders, including Regional Economic Communities (RECs), the African Union, NEPAD, development partners and the World Economic Forum (WEF), have ended a three-day meeting in Johannesburg, So

Uganda to Meet Water MDG

KAMPALA (The New Vision) — Uganda is likely to meet the Millennium Development Goal (MDG) target for access to safe water, but it is off track on sanitation, according to Prof.

Nepal to Meet Access to Water MDG; UN Says

KATHMANDU (NZweek) — Nepal is likely to achieve only four out of eight Millennium Development Goals (MDGs), according to a joint press statement released here on Friday by United Nations Development Program and the gov

Azerbaijan's State Oil Fund Contributes to New IFC Global Infrastructure Fund

BAKU (Apa) — The State Oil Fund of the Republic of Azerbaijan (SOFAZ) joined the International Finance Corporation (IFC) and other sovereign wealth funds and pension funds in investing in newly created IFC

Infrastructure A Pressing Issue in Latin America

PANAMA CITY (Gulf Times) — Latin America is increasingly looking to the private sector to help fund a $200bn a year infrastructure investment gap that is dragging on economic growth and preventing the region from catching

Chinese Official Calls for Pollution Insurance

HUBEI (china.org.cn) — A Chinese lawmaker has urged the government to create laws enforcing a scheme that makes enterprises pay compensation in cases of polluting accidents. Such environmental pollution liability in

Russia's HMS Group Successfully Places $100 Million Bond

MOSCOW (4-Traders) — HMS Group, the leading pump and compressor manufacturer as well as the provider of flow control solutions and related services to oil and gas, nuclear and thermal power generation and water utiliti

India's Kerala State Plans Privatization of Water Supply

KERALA (Deccan Herald) — Drinking water supply in Kerala is all set to be privatised with the state government giving administrative sanction to launch a company for the purpose. The government will have 49 percent st

World Economic Forum Opens; Report Says $700 Billion USD Needed for Climate Change

switzerland, DAVOS — The World Economic Forum’s 2013 opened in Davos on January 22, under the theme “Resilient Dynamism.”

The meeting is expected to focus on the world’s global economic problems.

Romania's Hidroelectrica Receives $26 Million Debt Relief

BUCHAREST (Hydro World) — Romanian insolvent state-owned hydropower producer Hidroelectrica said its administrator had talked its biggest unsecured creditor into a $26.1 million USD reduction of its debt. Euro Insol, H

Brazil, Russia Water Infrastructure has Significant Growth

BRASILIA (Melodika.net) — The Brazilian water infrastructure construction market recorded significant growth over the review period (2007–2011) during which construction grew at a CAGR of 16.15%.

Warning Bells in Delhi as Taps Run Dry and Groundwater Depleting Fast

NEW DELHI, India — T he Delhi state government is warning that the gap between supply and demand in the state will increase in the years to come.

Water supply was 810 million gallons per day in 2009. Demand

GCC Urged to Reduce Water Consumption

MANAMA, Bahrain (Gulf Daily News (Bahrain)) — Gulf Cooperation Council (GCC) countries must reduce water consumption to ease the burden on the region's limited resources, according to experts at the two-day International Desalination Associatio

World Bank Gives Tajikistan $50 Million USD to Fight Climate Change

DUSHANBE, Tajikistan (CentralAsia Newswire) — The World Bank is providing a $50 million USD grant to Tajikistan to combat the results of climate change. The grants come from the World Bank's Climate Investment Funds (CIF), which are

SPML Infra Eyes Water Companies for Takeover in Asian Markets

India, KolKata — Indian infrastructure development company SPML Infra Limited is eying acquisitions to grow its presence in the water business. The company has allocated at least

Asian Countries Need Creative Solutions to Infrastructure Problems

YOKOHAMA (Asian Development Bank) — Asian countries need to be creative in finding ways to tap savings and to mobilize private sector support for new infrastructure, according to Asian Development Bank (ADB) President Haruhiko Kuroda.

World Bank Lending for Water Hits $1.67 Billion USD in 2010

washington, dc, united states — The International Development Association's (IDA) lending to the water and sanitation sector increased by 50 percent in 2010 compared to last year, reaching $1.67 billion USD, the

World Bank Lending for Water Hits $1.67 Billion USD in 2010

washington, dc, united states — T he International Development Association's (IDA) lending to the water and sanitation sector increased by 50 percent in 2010 compared to last year, reaching $1.67 billion USD, the World Bank

OECD Calls for Spending Reforms to Fund Infrastructure Projects in Indonesia

Indonesia, JAKARTA — Anew report from the Organization for Economic Cooperation and Development (OECD) called on Indonesia to reform its targeted government spending so it would be better positioned to achieve

World Bank Lending for Water Hits $1.67 Billion USD in 2010

washington, dc, united states — The International Development Association's (IDA) lending to the water and sanitation sector increased by 50 percent in 2010 compared to last year, reaching $1.67 billion USD, the World Bank

World Bank Lending for Water Hits $1.67 Billion USD in 2010

washington, dc, united states — The International Development Association's (IDA) lending to the water and sanitation sector increased by 50 percent in 2010 compared to last year, reaching $1.67 billion USD, the World Bank

Drought's Effects on Inflation to Be Seen Until the End of 2010

Russia, YALTA (RIA Novosti (Russia)) — The effects of this summer's drought on Russian inflation will likely persist until the end of 2010, according to Russian Finance Minister Alexey Kudrin. "In the beginning of the next

IMF Urges Lebanon to Reform Water Sector

BEIRUT (Daily Star (Lebanon)) — The International Monetary Fund (IMF) is calling on the Lebanese government to start implementing reforms in the water, telecom, electricity and transportation sectors. "There have been many plans

Economic Downturn Creates Opportunities in Sustainable Treatment Technologies

SAN JOSE, UNITED STATE S, CA (PRWeb) — The global economic downturn led to a significant decline in industrial expansion activity last year, causing a decline in demand for industrial water treatment technologies.

Final Workshop Held on World Bank Irrigation System Project

BAKU (Azerbaijan Business Center) — The final workshop for the World Bank's Irrigation Distribution System and Management Improvement Project (IDSMIP) was held last week. World Bank Project Director David Meierbah said the success

Economic Downturn Creates Opportunities in Sustainable Treatment Technologies

SAN JOSE, UNITED STATE S, CA (PRWeb) — The global economic downturn led to a significant decline in industrial expansion activity last year, causing a decline in demand for industrial water treatment technologies.

Economic Downturn Creates Opportunities in Sustainable Treatment Technologies

SAN JOSE, UNITED STATE S, CA (PRWeb) — The global economic downturn led to a significant decline in industrial expansion activity last year, causing a decline in demand for industrial water treatment technologies.

Economic Downturn Creates Opportunities in Sustainable Treatment Technologies

SAN JOSE, UNITED STATE S, CA (PRWeb) — The global economic downturn led to a significant decline in industrial expansion activity last year, causing a decline in demand for industrial water treatment technologies.

St. Petersburg Utility Issues Bonds for Construction Project

The Vodocanal water supply utility in St. Petersburg announced a tender for organizing market placement for bonds of its subsidiary Vodokanal Finance.

ADB Says PPPs Could Help Central Asia Address Infrastructure Challenges

China, URUMQI (Asian Development Bank) — Public-private partnerships can bring in needed capital to help Central Asian countries rehabilitate and modernize infrastructure, according to senior officials at the Asian Development Bank (ADB).

IMF Board Approval Opens Funding Window for Four African Nations

washington, dc, united states — The International Monetary Fund (IMF) has approved economic policies of four sub-Saharan countries, paving the way

ADB Says PPPs Could Help Central Asia Address Infrastructure Challenges

China, URUMQI (Asian Development) — Public-private partnerships can bring in needed capital to help Central Asian countries rehabilitate and modernize infrastructure, according to senior officials at the Asian Development Bank (ADB).

Yogev Resigns from Economics Council to Focus on Water Company

TEL AVIV, Israel (Globes (Israel)) — National Economics Council chairman Ori Yogev has resigned fro his post in order to focus on his company, Whitewater Technology Group. Yogev had accepted his seat on the council at the personal

World Bank Discusses New Country Partnership Strategy for Albania

washington, dc, Albania (World Bank Group) — The World Bank Group's Board of Directors discussed a new Country Partnership Strategy (CPS) for Albania. The strategy will provide the

World Bank Approves $100 Million USD Loan for Xinjiang Water Management Program

China, XINJIANG — The World Bank Board of Directors approved a $100 million USD loan to the Chinese government designed to assist with water management and improve water

SPML Seeks to Divest Stake in Maharashtra Water Project

MUMBAI, India — France-based Veolia and US-based Water Asset Management LLC are considering acquiring equity in a special purpose vehicle created by India's infrastructure development company, SPML Infra Limited,

World Bank Approves Funding for Nanning City Water Project

China, NANNING — I he Chinese office of the World Bank announced last week that it had approved a $100 million USD loan to help finance the Nanning City Urban Environment Project, a development initiative

PPPs Increase Utilities' Efficiency, Says Veolia Official

SOFIA, Bulgaria (FOCUS News Agency (Bulgaria)) — Projects involving the private sector generally lead to increased efficiency in water utilities, better customer service and new technologies, according to Mariana Iteva, business development manage

World Bank Lends Turkey $240 Million USD for Water, Sanitation Projects

turkey, ANKARA — The World Bank Board of Executive Directors agreed to provide additional funding to Turkey's Iller Bankasi (Bank of Provinces) to help finance an extension of

Lloyds Report Calls for Urgent Business Action on Water Scarcity

LONDON, United Kingdom — Specialist insurance group Lloyds, in conjunction with the environmental organization WWF, has released a new report warning of the consequences of corporate inaction in addressing