Water Supply and Wastewater - Vietnam
With a population of over 90miliion, Vietnam is now the 2nd fastest growing economy in the world. The Department for International Trade has identified over US$16 billion Market Opportunities in the Vietnamese Water Supply and Wastewater sectors.
In the next 8 years, Vietnam will invest approximately US20 billion in the water sector to meet national targets and world standards.
In order to meet the ambitious targets of the government, a capital expenditure of $1.562 billion for water supply and $1.142 billion for sanitation will be implemented on a yearly basis (estimated 2.5% of GDP).
The Ministry of Construction is planning to boost the current treatment capacity of 850,000m3/day to 1,600,000m3/day by constructing 40 new wastewater treatment plants.
The government also aimed to install wastewater collection and treatment to cover 70% of the urban population by 2030. The capital cost to achieve this target is an estimated US$ 20 billion.
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Opportunity Contact
Guy Rogers on 01444 220971 or via grogers@intecuk.com
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