EWT Landscape

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EWT Landscape

		Environmental & Water Landscape With the growing global emphasis on water and the environment, Singapore is well-placed to take the lead in this industry as an R&D base and as a provider of water solutions. Singapore targets to grow value-added (VA) contribution from the water sector from $0.5 billion (0.3% of GDP) in 2003 to $1.7 billion (0.6% of GDP) by 2015. Jobs for this sector are expected to double to about 11,000 in 2015, with a large part of the growth in professional and skilled categories. For details on the economic outlook for environment and water industries, click http://www.edb.gov.sg/edb/sg/en_uk/index/industry_sectors.html



		Key Trends & Technology Focus Environmental Technology Global warming - greater environment protection High fuel prices - spur use of alternative energy



		EDB's Projection (2003-2015) Global Market: US$600b, CAGR 5 to 6% Asia Market: US$30b, CAGR 10-12%

		1.5% of GDP with $4.5B value-add and providing employment for another 35,000 by 2015 99% of the industry is dominated by SMEs who employ 50% of the workers and contribute 57% of the economy

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