Water sector draws investment

Update: July, 11/2020 – 08:59 VNSChia sẻ bài viết lên Twitter|

A worker of Hà Nội Water Co Ltd (Hawacom). Hawacom is among the enterprises that occupy the largest market shares in the water supply industry. Photo hawacom.vn

HÀ NỘI — The water supply and drainage sector is drawing investment thanks to its high profit margins and good growth potential.

According to the HCM City Securities Corporation (HSC), the water industry has positive prospects as rapid urbanisation and population growth have led to a higher demand for water for industrial production and clean water consumption.

The annual compound growth rate (CAGR) of the water sector in 2017-2020 is 43 per cent for industrial production and 35 per cent for clean water consumption.

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