Singapore Water Industry Thrives

11 Jul 2018 by OOSKAnews Info
SINGAPORE, Singapore

Singapore’s water industry has contributed $1.84 Billion USD in annual value-add to the economy and created 14,400 jobs to date, putting it on track to meet its 2020 targets. 

Latest figures from national water agency PUB, the Economic Development Board (EDB) and Enterprise Singapore showed that since 2016, the sector has added 400 jobs and contributed $220 Million USD in value-added to the economy annually.

This growth is important amid the growing risks of poorly managed urbanisation, climate change and infectious disease threats in developing countries and across the globe, Singapore Deputy Prime Minister Tharman Shanmugaratnam said 9 July at the opening ceremony of Singapore International Water Week. “Water is also a good example of how we are growing our efforts in Singapore to help stimulate and share innovation around the challenges and opportunities facing cities around the world,” he added. (Channel News Asia)