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The Taiwan Water and Sanitation market is crucial for public health and environmental sustainability, generating NT$330 billion ($11 billion) in annual revenue. With an expected growth rate of 3.8%, the market is projected to reach NT$385 billion ($12.8 billion) by 2028.
Key figures:
Market size in 2023: NT$330 billion ($11 billion)
Projected market size in 2028: NT$385 billion ($12.8 billion)
Annual growth rate: 3.8%
The Taiwan government plays a vital role in the Water and Sanitation market, investing heavily in infrastructure projects and procuring necessary services. This promotes innovation and ensures efficient water management.
Key areas of focus:
Water treatment and distribution infrastructure
Wastewater collection and treatment systems
Flood control and water resource management projects
Smart water technologies
Sustainable water conservation initiatives
The government procures a wide range of water and sanitation products and services, including:
Construction and maintenance of water treatment plants and pipelines
Operation and maintenance of wastewater treatment facilities
Flood control and water resource management solutions
Smart water meters and leak detection technologies
Educational programs and public awareness campaigns on water conservation
Several government agencies oversee water and sanitation procurement in Taiwan. These include:
Ministry of Economic Affairs (MOEA)
Water Resources Agency (WRA)
Environmental Protection Administration (EPA)
Directorate General of Budget, Accounting and Statistics (DGBAS)
Public Construction Commission (PCC)
Several companies consistently secure substantial water and sanitation contracts with the Taiwan government. Some of these include:
Veolia Water Technologies Taiwan
Suez Water Technologies & Solutions Taiwan
Taiwan Water Corporation (TWC)
China Engineering Corporation (CEC)
Evergreen Engineering Corporation
Far Eastern Construction Corporation
Chunghwa Telecom
Quanta Computer
E&K Automation
Advantech
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