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Private Investment Needed In Water Sector - Pictet

Sally Ling

28 March 2013

Pictet Asset Management reports that, in order to safeguard water resources for a growing population, the world needs to invest $1 trillion a year until 2030. The firm says that much of the industry’s expansion should come through the private sector and this means that the water services sector can be expected to sustain its strong rate of growth, currently running at 6 per cent a year.

Private companies currently account for just 8 per cent of the global water services market, but this figure is expected to rise to 21 per cent over the next decade. Two areas where the private sector is already investing in research and development are water recycling and desalination.