Public investment in infrastructure remains strong despite the global financial crisis.
Governments are spending on water treatment plants and facilities all over the world.
This spending along with other infrastructure spending is driven partly by fiscal expansion to ramp up growth happening in most major states.
Another reason for the spate of spending is the keen desire for modernization, especially amongst developing nations.
In Asia alone, the desalination plants in operation produce 2.18 millions of metric tons per day.
All these spending on desalination facilities in addition to other infrastructure needs could reach US$3 trillion annually, forming a counter balance to the devastating effects of the financial crisis.
Spending on desalination facilities operates on the theme of environmental protection.
The Organization for Economic Cooperation and Development estimates that US$50-70 trillion of global infrastructure investment will be needed up till 2030.
This will have a huge impact on the world’s investment situation.
For developed countries like Japan, the rising demand for such environmental infrastructure creates new opportunities for their mature economies and also depressed domestic consumer demand as well as dwindling exports.
The Nikkei Weekly, “Infrastructure boom sparks rush” dated 20 April 2009 in the Nikkei Weekly (Japan: Nikkei Weekly), 2009, p. 22.