Engineering Inc. - November/December 2007 - (Page 11) Since 2005, the report says, international investments in municipal water and wastewater systems have remained particularly strong. BCC’s worldwide analysis found that expenditures for municipal water and wastewater applications were $8,066 million in 2005, $9,575 million in 2006, and $11,290 million through August 2007. Those numbers are expected to climb even higher in the coming years, reports BCC, with investments in municipal expenditures ballooning at a compound annual growth rate of 22.6 percent to $32,041 million by 2012. The world market for water and wastewater infrastructure, as well as industrial facilities for wastewater, also is expected to grow significantly during the same time period (see Figure 2). Though these sectors typically are smaller than FigUrE 2: Water and Wastewater Market and Forecasts Top Five growth Markets by Application Through 2012 ($ millions) aPPLIcatIoNS Municipal Infrastructure Industrial Total 2005 8,066 6,661 3,256 17,933 2006 9,575 7,862 3,926 21,363 2007 11,290 9,287 4,696 25,273 2012 39,709 32,041 10,1 1 1 81,861 caGr% 2007–2012 22.2 22.6 14.2 20.3 Source: BCC Research, 40 Washington St., Suite 110, Wellesley, Mass. 02481; report: ENV008A. municipal investments, BCC says, growing awareness of how industrial wastewater affects water supply is stimulating government standards and regulation. Joe Salimando writes frequently on the construction industry at www.eleblog.com. He can be reached at ecdotcom@gmail.com. You’ve got the and the We’ve got the vehicle. Join us on the road to talent drive. success! exciting career in the geosciences, apply online at www.shannonwilson.com. For an Opportunities in Alaska, California, Colorado, Florida, Missouri, Oregon, and Washington. November / December 2007 eNGINeerING INc. 11 http://www.eleblog.com http://www.shannonwilson.com http://www.shannonwilson.com http://www.geomatrix.com http://www.geomatrix.com
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