MarketReportsOnline.com adds 'South Africa Water Report Q4 2013' new market research report to its store.
Our forecasts remain unchanged this quarter, as South Africa's water industry continues to strong, with a large amount of projects in the pipeline. However, we warn that the country has a danger of long-term water scarcity, due to its rapidly growing urban population and increasing water consumption figures, coinciding with a decrease in water extraction.
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This means that more projects are needed. In addition, we note our concerns that, due to the constraints in government funding to municipalities, local authorities will have to raise their own funding for modernisation and expansion projects, which could inhibit the rate of development in the water sector at a local level.
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