Tuesday, November 6, 2007

Busy week for water technologies

More than 2000 visitors and 100 delegations from 80 countries worldwide attended the WATEC conference last week in Tel Aviv to survey the latest developments in water and environmental technologies.

Israel is a global leader in the water sector, and a number of new deals and agreements were announced at the conference. Below is a summary.

  • Government launches new water R&D program. The Ministry of Industry, Trade and Labor today launched Israel NEWTech - Novel Efficient Water Technologies, the government program to promote Israeli water technologies. The program aims to double water technology exports to $2 billion by 2010.

  • Mekorot nearing strategic cooperation with GE. Water industry sources inform ''Globes'' that Mekorot National Water Company is in advanced negotiations for a strategic cooperation agreement with General Electric Company (NYSE:GE) for the construction of the $450 million 100-million cubic meter desalination plant at Ashdod.

  • Israel-China 'water-trade' to rise significantly. Israel expects "to significantly increase" its water technology exports to China over the next few years following a successful round of meetings between National Infrastructures Minister Binyamin Ben-Eliezer and Chinese water-technology leaders attending WATEC Israel 2007.

  • Israel and Mexico in water treatment deal. The Ministry of Industry, Trade and Labor, and Mexican National Water Commissioner Jose Luis Luege Tamargo have signed a water cooperation agreement between Israel and Mexico, NEWTech - Novel Efficient Water Technologies director Oded Distel told “Globes”.