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NewswireTODAY - /newswire/ -
Dubai, UAE, United Arab Emirates, 2011/08/02 - With 6.3 per cent of the World's Population and only 1.4 per cent of its Renewable Freshwater, MENA a Hotbed for Infrastructure Developers - Environmental.Frost.com.
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Worldwide, the average water availability per person is close to 7,000 cubic metres per person per year; in the Middle East and North Africa (MENA) region, it is about 1,200 cubic metres. With the population expected to grow from nearly 300 million in 2008 to almost 500 million in 2025, the already dismal per capita availability of water is expected to halve by 2050.
This shrinking of freshwater sources has thrown open opportunities for developers of water and wastewater treatment, recycle and reuse, as well as the distribution and sewage collection networks.
New analysis from Frost & Sullivan (environmental.frost.com), Water and Wastewater Infrastructure Market in Middle East and North African Countries, finds that the market earned revenues of $9 billion in 2010 and estimates this to reach $18.85 billion in 2015 at a Compound Annual Growth Rate (CAGR) of 16 per cent. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: water treatment, wastewater treatment, water distribution networks and wastewater collection and disposal networks.
"The MENA region has already witnessed huge investments in the water and wastewater infrastructure market in recent years and is a pioneer in desalination," says Frost & Sullivan Environmental Research Analyst. "Wastewater treatment and desalination plants in the region are witnessing a big boom due to a 6 per cent average annual increase in demand for water."
Participants will have to clear several hurdles before they can meet the need for improved water distribution and collection network infrastructure for wastewater. They have to combat the lack of skilled manpower, high costs of water treatment and delivery, poor water distribution coverage and inefficient water management, which costs each economy approximately one per cent to three per cent of its gross domestic product (GDP).
Frost & Sullivan recommends Infrastructure developers to offset these concerns and tap the market by leveraging partnerships with consultants and engineering, procurement and construction (EPC) contractors and by offering cost-effective technologies. They should also offer value in terms of incremental improvements in design and engineering, which can reduce the overall cost of the solution without compromising its performance.
Apart from various governments' heavy investments in the water and wastewater infrastructure market to ensure water security, their decision to allow private participation in the market is expected to give a shot in the arm for several projects. The Gulf Co-operation Council (GCC) alone accounts for 72 per cent of the MENA's market revenues.
"The Middle East has the youngest population of any region in the world and the second highest urbanization rate," notes the analyst. "This rapid urbanisation has prompted many ME countries to invest in wastewater treatment and proper sewage structure."
If you are interested in more information on this study, please send an e-mail with your contact details to Tanu Chopra / Deepshri Iyer, Corporate Communications, at tanu.chopra[.]frost.com/ deepshrii[.]frost.com
Water and Wastewater Infrastructure Market in Middle East and North African Countries is part of the Environmental Growth Partnership Services program, which also includes research in the following markets: Middle East and North African Membrane Bio-reactor (MBR) Market, Water and Wastewater Infrastructure Market in Egypt, Water and Wastewater Infrastructure Market in Saudi Arabia and Water and Wastewater Infrastructure Market in United Arab Emirates. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.
About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.
Water and Wastewater Infrastructure Market in Middle East and North African Countries / P49A
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