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Challenges and Opportunities of Water Resources Distribution: A Review of Taiwan's New Water Resources Policies and Potential Business Opportunities

For a rapidly growing and urbanizing global population, against a backdrop of increasing extreme climatic uncertainties, water scarcity has become an impending threat to humans. To avoid uneven distribution of water resources and ensure stable water supply, governments around the world are actively improving the transportation, distribution and management of water resources. In recent years, the Taiwan government has also invested a large sum in the establishment of water resources infrastructure, hoping to enhance the stability of water supply, improve water quality, and strengthen water resources management for optimal utilization and distribution. Suppliers also actively cooperate with the government in the use of the latest technologies to improve the ecosystem of Taiwan's water resources, ranging from the transportation and storage of water resources to the establishment of a healthy water environment.

In Taiwan, the spring rainfall was lower than average in the first half of 2024. This resulted in a potential water shortage across the country. However, in the second half of 2024, Typhoon Gaemi brought in the heaviest rainfall in the past eight years. The accumulated precipitation relieved the pressure of our stressed water resources as some reservoirs have almost reached the lowest point in the first half of the year. Although the average annual precipitation in Taiwan reaches 90 billion tons, less than one-fifth of this water source is harvested and utilized. This shows that Taiwan still has ample room for improvement when it comes to water resources management.

Last year, the government initiated the third phase of the “National Climate Adaptation Action Plan (2023-2026)” to improve water security. A total of NT$206.7 billion was designated for water resources infrastructure. Amongst which, the “String of Pearls Project” aims to strengthen the Western Corridor Water Supply Pipeline, ensuring that Taiwan's water distribution system functions effectively across regions and improving the stability of the national water supply. Multiple high-tech water resources solutions are also highlighted in the plan, including water reclamation plants and seawater desalination plants designed to explore alternative water sources. The plan also encompasses water resources engineering such as the building of a functioning water supply system, reducing leakage, ensuring water conservation and other related water resources projects. The aim is to ensure no shortfall between forecast demand and available water supply by 2036 and to increase the overall reserve rate from 28% to 50%. Step by step, the government makes sure water resources management is implemented in anticipation of achieving proper water distribution and securing a stable water supply.

As the government implements various water resources policies and builds infrastructure, the industry and the public are also benefiting from a dynamic and thriving water resources market. As water resources management continues to optimize, the demand in the domestic market will escalate in response to the positive trend, bringing more investment opportunities and business potential to related industries.

Welcome to 2024 Taiwan International Water Week for New Business Opportunities in The Water Industry in One Stop

2024 TIWW will be held at Taipei World Trade Center Hall 1 from September 11th to 13th! This year's event will exhibit products for water transport, and storage, as well as the establishment of a water environment and other services. This e-newsletter focuses on water transport and storage, including an in-depth interview with the professional HPDE pipe manufacturer - Hsiung Yeu Enterprise and an introduction of six featured exhibitors from the 2024 TIWW Transport & Storage Area, Functional Water Association of Taiwan Area and Taiwan Environmental Manufacturers Association Area.

A sneak peek of the Transport & Storage Area

▶ AVK Valves Company Hong Kong Ltd.
AVK Group is a market leader within valves and associated equipment globally. Our valves, hydrants, fittings and other equipment are key parts of vital infrastructure systems around the world, which handle water supply, wastewater handling and treatment, natural gas, HVAC and district cooling as well as fire protection.

▶ VENN CO., LTD.
Venn has been recognized as Japan's leading valve manufacturer and a specialist in fluid control valves.

▶ TA-DEE CHANG CO., LTD.
TA-DEE CHANG CO., LTD. (TDC) is the leading manufacturer of high-density polyethylene (HDPE) pipeline systems in Asia. TDC offers the most complete solutions in the application of natural gas, water, reclaimed water, sea desalination, wastewater, communication, electricity, industry, agriculture & fisheries, energy fields, and HDPE welding training.

▶ KINGTRON PRECISION INDUSTRIES, INC.
With more than 20 years of experience in valve manufacturing, KINGTRON PRECISION INDUSTRIES, INC. is a leading manufacturer of Stainless Steel & Carbon Steel ball valves based in Taiwan.

▶ HSIUNG YEU ENTERPRISE CO., LTD.
Taiwan Hsiung Yeu Enterprise Corporation is a professional HDPE pipe manufacturer, specializing in the production of high-density polyethylene pipe (HDPE pipe), PE pipe and HDPE environmental protection seepage to the soil film, by a group of highly professionals and more than 20 years of experience in the partners, the development of the enterprise.

A sneak peek of the Functional Water Association of Taiwan

▶ TANKPAC INDUSTRIES CO., Ltd.
Tank PAC is one of the largest pressure tank manufacturers in the world today.

A sneak peek of the Taiwan Environmental Manufacturers Association

▶ Boundless Fittings Co., Ltd./WLK
WLK has specialized in manufacturing and exporting pipe fittings of stainless steel since 1992.

TIWW 2024 connects the entire water supply chain! Whether you are looking for the latest water resource products and technologies, or seeking to network with key players in the water industry, Taiwan International Water Week (TIWW) is the must-visit event for you this year. Click the button below to pre-register and enjoy free admission!