In Vietnam, 82% of the clean water supply is allocated to meet the needs of residential areas, encompassing households, administrative and commercial users.
Vietnam water supply recorded a solid growth, achieving a CAGR of 6.9% in 2011-2021, reaching 8.4mn m3 per day. Major driving factors for the sector’s solid growth include the expansion of population and rapid urbanization, industrial development, and the active participation of the private players.
Urban and industrial provinces such as Dong Nai, Binh Duong are being recognized as potential locations for new water supply projects thanks to their substantial populations, high urbanization, and extensive industrial park.
On the ground of rising demand from both residential and industrial sectors, Vietnam has upside water supply demand of an additional 7.7mn m3. Strong upside potential for piped water in Vietnam, driven both by the residential and industrial sectors, presents opportunities for private players to engage in M&A with leading water supply groups and business collaboration in greenfield water supply projects.
For the full insight article, kindly access HERE.
For further publications on other key sectors in Vietnam (Financial Services, M&A, Cold Chain, Water Supply, Cement, Plastic Packaging, etc.), please refer to our website at https://fiinresearch.vn.
About FiinGroup
FiinGroup is Vietnam’s leading provider of financial data analytics platforms, business information, market research and consulting, credit ratings, and other data-driven analytics services via Platform as a Service (PaaS), annual package, and on-call services.
FiinGroup has successfully supported various local and foreign investors conduct market assessment, commercial due diligence, merger filing support and deal/market entry advisory works to penetrate/ expand in many key sectors in Vietnam including financial services, fintech, infrastructure and utilities, environmental sectors, logistics, construction and building material, etc.
For more information about FiinGroup’s support and other investor services and how we can support, please call +84 (24) 3562 6962 or email to research.support@fiingroup.vn.
Date: 29/08/2024
Date: 29/08/2024
Date: 26/08/2024