Parts of Africa are especially dry, both of clean water and cash, at a time when prices are rising for the steel and concrete raw materials for treatment plants. A combination of unsafe water and poor sanitation kills about 1.8 million children annually, a Merrill report estimates.
The FourWinds Capital Management investment approach is to go after projects in water treatment and desalination and companies which make meters, pipes and pumps." (Thanks D.)
Wednesday, March 19, 2008
"Investors are mobilising funds to buy the assets that control water and improve supplies, especially in developing countries such as China where urban populations are booming, further tightening supply.