Water Journal : Water Journal April 2015
The challenge for the water industry is being able to exploit this opportunity and convince its customers and stakeholders that, in order to provide the levels of service they expect, investment above and beyond that currently planned is essential in maintaining and developing a water industry that continues to be the envy of the world. The trend in global water and infrastructure private sector investment is currently in a growth phase, caused by the need for State and Federal Governments to offset revenue shortfalls. Many Local and State Governments are no longer able to shoulder the responsibilities of maintaining and upgrading their own utilities. States are coming under increasing pressure to enter into commercial arrangements for their utility assets and other infrastructure and municipal services and, with careful planning and the right advice, these investments will be beneficial in the short-, medium- and long-term. conclusIon Never has the need been more apparent for an industry to be bold and seize the initiative to create new and exciting investment opportunities that will deliver the capital and operating efficiencies demanded by their stakeholders, while enhancing the levels of service to their customers and engaging their staff. Why? There are upcoming opportunities created by Government to attract investment from the private sector. What? The reality faced by the Australian water industry is that, in order to maintain the levels of investment required to ensure long-term management of its asset base, the level of investment needs to increase. Access to the abundance of available mobile capital from within and outside of Australia is needed to maintain and renew above- and below-ground assets. Who? Experience from around the world is that investors see water assets as a secure part of their investment portfolio and attracting investment is not the barrier. How? Developing an approach to PPPs that ensures the balance of risk and reward is shared between the asset owner and the asset investor will deliver the benefits customers and stakeholders demand and ensure what markets like best – certainty. WJ references Financing Infrastructure: A Spectrum of Country Approaches – Sophia Chong and Emily Poole, Bulletin, September Quarter 2013. Recent Global Trends in Global Infrastructure, A Discussion Paper for Water UK, Frontier Economics, February 2013. Securing Investment in Australia’s Future, Infrastructure Funding and Financing, Business Council of Australia, November 2013. the Authors peter Hillis (email: email@example.com) is a Sector Leader for water and wastewater treatment at AECOM and has more than 30 years of experience working in the UK and Australian water industries. Jason Fonti is Director of Infrastructure Advisory at AECOM and has extensive experience in procurement and due diligence, specialising in commercial and strategic advice to authorities, consortia and investors on major infrastructure transactions and service contracts. RESMIX VITAL IS ESSENTIAL FOR WATER. WEARS has researched and developed a revolutionary water quality maintenance and monitoring system designed to achieve standard levels of disinfectant throughout municipal water storage reservoirs. The Resmix Vital is a cutting edge, best practice system for consistently safe, clean and compliant drinking water. There is no better safeguard for communities to ensure water quality. Achieves homogenous conditions in the reservoir Optimises chlorine residuals Decreases disinfection decay rates Eliminates short circuiting, dead zones and stratification Reduces the likelihood of pathogens in the water Minimises sedimentation build up on floors, walls and ladders Continuous online control Integrated disinfection dosing SCADA reports and feedback Find out more Watch the video to find more about the WEARS Resmix Vital system at wears.com.au and contact us to find out how we can assist and support funding applications. WEARS.COM.AU/RESMIXVITAL +61 7 5423 2770 WASTEWATER SYSTEMS Control Components CERLIC SLUDGE BLANKET PROFILE SENSORS MEASURE IT, IF YOU CAN’T YOU CAN’T CONTROL IT SEE THEM IN ACTION!
Water Journal February 2015
Water and CSG