Opportunities for Foreign Water Infrastructure and Wastewater Treatment Companies in China
China declared in 2012 “war on pollution” and announced that it would spend 3.7 trillion RMB in winning this battle. It was further announced that about half of this sum would be spent on combating water pollution.
This focused was reaffirmed with the issuing of the “Water Pollution Prevention and Control Action Plan” and the 13th 5-year plan, where efforts targeted at halting pollution from heavy industries streaming into water sources was specifically mentioned.
Polluted Water Sources
According to China Briefing (2017), the latest environmental reports in China suggest that about 61.5% of the ground water and 28,8% of key rivers within China are “not suitable for human contact”. The reports find that these water sources have been severely polluted by industrial and agricultural activities.
Domestic Water Scarcity
Another issue that China is currently facing is water scarcity. Whilst being home to about 20% of the world’s population, China only holds about 7 % of the world’s water resources. Water shortage and water pollution have in particular become an issue that the rural regions are struggling with.
According to China Briefing (2017), only about 3 % of villages and townships have wastewater treatment facilities, as well as estimating that 90 % do not have proper drainage and sewerage systems installed. Moreover, it is estimated that about 300 million rural residents lack sufficient access to safe drinking water.In order to deal with these issues, the Chinese government is expected to spend about 4 trillion RMB to improve both water infrastructure and households’ water supply.
Opportunities for Foreign Expertise and Technology
With these figures in mind, one can argue that both upgraded water infrastructure and wastewater treatment technologies are greatly needed in China. China Briefing (2017), notes that this creates unique business opportunities for foreign water infrastructure and wastewater expertise and technologies in China.
To learn more about these, click here to read China Briefing’s full article on the matter.
Jake Liddle, 2017: “China’s Wastewater Treatment Industry: Opportunities for Foreign Investors“, China Briefing.
*Featured image: Veolia Water, 2017