04 Jul '11, 3pm

Water R&D to get boost

SINGAPORE: Research and development in Singapore's water sector is set to receive a boost. This comes in a fresh funding of S$140 million from the National Research Foundation. This is on top of the S$330 million previously committed in 2006. The news was announced by Deputy Prime Minister Tharman Shanmugaratnam, who stressed the importance of investing in new technologies for the long term. Mr Tharman was speaking at the opening ceremony of the Singapore International Water Week (SIWW) 2011. Finding new ways to develop sustainable water solutions will be key to Singapore's water security, and the government believes continued investment in the sector will be crucial towards this goal. It is raising the amount committed to promote R&D in the sector by nearly 50 per cent to a total of S$470 million. DPM Tharman, who is also Minister for Finance and Manpower, said: "So far, ...

Full article: http://www.channelnewsasia.com/stories/singaporebusinessn...

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