$15b worth of deals inked at 3 big events

$15b worth of deals inked at 3 big events
From (L-R) Mr Khaw Boon Wan (Minister for National Development), Dr Vivian Balakrishnan (Minister for the Environment and Water Resources), Prime Minister Lee Hsien Loong, Dr Cheong Koon Hean (CEO, HDB), Mr Hu Kar Keong (Director, HDB Building Research Institute, ) view an interactive display at the Singapore Pavillion after the joint opening of World Cities Summit, Singapore International Water Week and Clean Enviro Summit, held at the Marina Bay Sands Convention Centre from June 1 to 4, 2014.

LAST week's Singapore International Water Week, World Cities Summit, and CleanEnviro Summit produced close to $15 billion worth of projects, tenders, investments and other deals, organisers said yesterday.

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

National water agency PUB signed memorandums of understanding (MOUs) 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, tenders, investments and MOUs at Water Week came to $14.5 billion.

The second CleanEnviro Summit Singapore saw $318 million worth of projects announced.

These included two integrated public cleaning tenders worth $301 million awarded to firms by the National Environment Agency, and a $15 million recovery facility to salvage metals from incineration bottom ash. Another $369 million worth of deals are in the pipeline, organisers said.

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

The Housing 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 smart card for travel and retail transactions in both economies.

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


Get a copy of The Straits Times or go to straitstimes.com for more stories.

More about

Purchase this article for republication.



Your daily good stuff - AsiaOne stories delivered straight to your inbox
By signing up, you agree to our Privacy policy and Terms and Conditions.