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China Wastewater Treatment and Management Industry Research Report
Rising Government Investments and Initiatives to Drive Wastewater Treatment in China: Ken Research
The increasing water pollution combined with the depleting water resources has led to increased government intervention in the wastewater segment of the country. An approximate 278 cities are without sewage treatment facilities and USD 49,170 million is the estimated cost of water pollution to Chinese economy every year. The Chinese government under the 12th five year plan plans to spend RMB 450.0 Billion (USD 73.0 Billion) to develop, upgrade and enhance wastewater treatment facilities in the country. Under the 12th five year plan, government is planning to spend 57.0% of the amount on the sewage pipeline network and 18.0% on new construction of new wastewater treatment plants. The government also plans to reach a treatment rate of 85.0% by the end of 2015. The increased government investments, stringent norms are expected to drive the wastewater water market in China. Moreover, increased government investments and relaxation in private sector investments provide ample investment opportunities to the domestic as well as foreign players willing to enter the market.
The Chinese government, youth and other bodies have been actively participating in awareness campaigns protecting their most valuable resource, water. The campaigns and government initiatives support the reduction of invisible water, thus promoting less discharge of wastewater.
“Wastewater treatment and disposal remains a major concern for the government. The investment for superior wastewater treatment technologies is set to double, during the 12th five year plan (2011-2015). The country has been attracting massive investments in repairing, upgrading the existing wastewater, sewage pipes and flood drains.” - According to the Market Research Analyst, Ken Research.
The report “China Wastewater Treatment and Management Industry Outlook to 2018 –Surging Demand for Industrial Wastewater Treatment” provides detailed overview on the Wastewater Treatment and Management Industry in China and helps readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will help industry consultants, water and wastewater companies, equipment manufacturers, distributors and other stakeholders to align their market centric strategies according to ongoing and expected trends in future.