Waste Water Treatment

Vietnam’s Prime Minister has approved a master plan for the building of an extensive drainage and waste water treatment system in residential areas and industrial parks in the Nhue-Day river basin, part of Red rivers system, by 2030.

CLSA Capital Partners’ Clean Resources Asia Growth Fund (CRAG) has invested USD10 million investment into Scinor Water, a Chinese company that produces membranes used in waste water treatment.

Despite plans to invest up to USD850 billion over the next ten years in a bid to improve filthy water supplies, experts warn of minimal impact on the damage caused by decades of pollution during China’s rapid economic growth. Rather than more cost-effectively preventing pollution at source, money is being poured into water treatment and desalination. The central government has earmarked 4 trillion yuan (USD650 million) for investment in rural water conservation projects between 2011 and 2020 – four times as much as was spent in the previous decade.

The Asian Development Bank (ADB) is providing USD600 million for a package of green projects that will transform waste into clean energy, reduce CO2 emissions, expand eco-friendly transport, and protect fragile wetland areas in fast-growing second-tier cities in the People’s Republic of China (PRC).

The Chinese government plans to allocate 500 billion yuan (USD79 billion) for the prevention and control of water pollution in major drainage areas from 2011 to 2015, up from 300 billion yuan for the previous five-year period, according to Xinhua.