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Singapore summits conclude with US$12 million in deals and tie-ups

Publication Date : 09-06-2014

 

The World Cities Summit, Singapore International Water Week and CleanEnviro Summit held last week produced close to $15 billion (us$12 billion) worth of projects, tenders, investments and other deals, said organisers on Monday.

At the sixth Singapore International Water Week, Singapore-based De.Mem signed letters of intent with two Vietnamese companies to build two water treatment plants in projects valued at around $15 million (US$12 million), while Sembcorp Industries will acquire and upgrade a wastewater treatment plant in a Jiangsu industrial park.

Meanwhile, national water agency PUB signed memorandums of understanding with three firms here, Evoqua, Anaergia and Grundfos, to conduct research in electrochemical desalination technology, waste-to-energy, and efficient pump solutions respectively.

In all the value of projects awarded, tenders, investments and MOUs at Water Week came up to $14.5 billion (US$11.6 million).

Environmental-solutions event CleanEnviro Summit Singapore also fared well. At the summit, held for only the second time this year, $318 million worth of projects were announced and another $369 million (US$254.2 million) worth are in the pipeline.

For instance, the National Environment Agency announced it had awarded two integrated public cleaning tenders worth $301 million (us$240.6 million) to local firms, and signed a $15 million (US$12 million) deal for the development and operation of a facility to recover metals from incineration bottom ash.

And at the fourth World Cities Summit, Singapore government organisations and firms inked agreements to make aspects of Singapore living smarter or more sustainable.

The Housing and Development Board signed an MOU with the Energy Market Authority and Panasonic to study the feasibility of a pilot scheme to give households more choices on energy rates and management.

And Singapore's EZ-link and Taipei's EasyCard Corporation agreed to allow the use of either card for travel and retail transactions in both countries.

Some 20,000 representatives from government, industry, international organisations and academia attended the three biennial events, held this year at the Marina Bay Sands Expo and Convention Centre.

See more: http://www.straitstimes.com/news/singapore/environment/story/summits-conclude-15b-deals-and-tie-ups-20140609#sthash.VOUVjJ35.dpuf

 

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