Veolia Water Technologies, a solutions provider for water and wastewater treatment, is shifting its regional headquarters from Singapore to Kuala Lumpur. The move from Singapore comes as a response to accommodate a growing workforce, and to strengthen innovative partnerships with regional industrial companies and local government authorities, the company says.
Meeting the needs of a planetary population expected to surpass eight billion people by 2025 is requiring more output from fewer resources. In the case of dwindling supplies of freshwater, the strain on the natural resource from economic and population growth, and from climate change, is significant. The importance of water and wastewater treatment is particularly pressing in the Asia Pacific region, and Veolia says it has seen its business in the area grow significantly. Last year, Veolia’s Asia Pacific business contributed 15% to the company’s 2018 global revenue, the company says, and the move will help the company capture market growth.
Additionally, the company is set to enter the final phase of its sewage treatment plant project in Kuala Lumpur later this year. The plant is the first fully integrated commercial water reclaim project in Southeast Asia, the company says.
Kuala Lumpur is a strategic location for the business because of its reliable infrastructure and central location in Southeast Asia. Multi-lingual and multi-cultural local talent also makes it an idea location, according to the company.