News archive

December 2016

Thailand Water Pump Market Poised to Hit US $25.6 Million by 2021

23-12-2016

On the basis of pump type, the submersible water pump segment is estimated to be the most dominant segment, with 63.5% of the overall Thailand water pump market share in 2015, followed by monobloc water pump segment with 36.5% share. In terms of revenue, the Thailand water pump market accounted for US$16.7 Million in 2014 and is projected to …

ADB, Georgia Sign Loans for Water and Sanitation Improvement Projects

23-12-2016

The Asian Development Bank (ADB) and the Government of Georgia have signed a $99 million ADB loan to upgrade water supply, sewerage, and sanitation systems for nearly 62,000 people in the secondary towns of Marneuli, Bolnisi, and Chiatura. “The project will help meet the growing demand for reliable, safe water and sanitation — a high …

Climate change May Impact Hindu Kush-Himalaya Water Supply: Report

23-12-2016

Shifts in rain and snow patterns due to climate change may have a greater impact on the water supply of about 1.5 billion people in Hindu Kush Himalayan region than retreating glaciers, according to a new report. The Hindu Kush Himalayan region hosts several of Asia's great river systems, which provide water for drinking, irrigation and other …

It's time for more Australian fund managers to invest in social outcomes

22-12-2016

Text by Amit Bouri, chief executive and co-founder of the Global Impact Investing Network (GIIN) / Retrieved from The Guardian It’s an idea whose time has come. Around the world, the impact investing movement is coming of age, and it is getting increased attention in Australia. The movement encompasses investors such as superannuation …

Strong Environmental and Social Safeguards Must Accompany Asia’s Infrastructure Drive

22-12-2016

Asia’s spending on growth-boosting infrastructure is set to get a tailwind from development financing while the safeguard systems used by the Asian Development Bank (ADB) and other development banks as conditions for their loans are under international scrutiny. More financing for infrastructure is becoming available from established and …

Hitachi Zosen to Acquire Majority Stake in Osmoflo Group

22-12-2016

Osmoflo has anounced that Hitachi Zosen (“Hitz”) Corporation of Japan has entered into a definitive agreement with Shine Investments to acquire majority ownership of the Osmoflo group of companies. Osmoflo is a water treatment process technology and engineering company in desalination and industrial water treatment. Founded in …

Arcadis environmental project in India clinches top honor at C40 Cities Awards

22-12-2016

Kolkata Solid Waste Management Improvement Project (KSWMIP), a joint venture project between Arcadis and Yachiyo Engineering of Japan, funded by Japan International Cooperation Agency (JICA), has won the Solid Waste Management Category award at the C40 Cities Awards 2016. The awards recognise the world's leading urban climate change projects, …

Editor’s pickRWL Water Announces Agreement to Acquire Acquavit in Brazil

22-12-2016

Acquisition continues successful expansion into South America RWL Water, the New York-based global water, wastewater and waste-to-energy solutions provider, has reached an agreement to acquire Acquavit, a well-established Brazilian water and wastewater treatment company. Headquartered in Jundiai, São Paulo, Brazil, Acquavit’s team …

KOLKATA INVESTS €30M TO REDUCE 60% WATER LOSS

21-12-2016

The Kolkata Municipal Corporation (KMC) has awarded SUEZ a six-year contract worth €30 million to improve water distribution services in the Cossipore district of Kolkata. The contract for aims to ensure the 24/7 distribution of quality drinking water to residents of Cossipore district and reduce water losses. In the first three years of …