Despite a gloomy economic forecast for this year, Singapore's environmental and building markets are looking forward to 2012 with opportunities coming from the current Singapore Green Plan, according to research firm Frost & Sullivan.

With the launch of the country's first "eco-town," Punggol Eco Town, which is expected done by next year, Singapore's green outlook looks positive, with more similar projects anticipated in the coming years.

With these, technology suppliers in clean energy and green solutions such as photovoltaics, green lighting, building automation controls and building materials are likely to gain business benefits.

Singapore is also looking into improving its waste management system and recycling rate, as well as addressing its lack of water resources for potable and non-potable uses.

"One of the main focuses by the government of Singapore in the environmental industry is waste management, specifically waste recycling," said Melvin Leong, Asia Pacific industry manager for environment, building and technologies at Frost & Sullivan.

The Singaporean government aims to increase recycling rate to 60 percent by 2012, which will extend landfills' lifespan up to 50 years from the initial 30 years, and one new incineration plant every 10 to 15 years from the initial period of seven to 10 years.

Another concern is the lack of water resources for potable and non-potable uses. Last year, Singapore saw several foreign companies embark in disinfection and desalination efforts, as well as the unveiling of a plan for a new desalination plant, to be commissioned by Hyflux Ltd., Singapore's leading water treatment specialist. – EcoSeed Staff

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