Hyflux to re-focus efforts on MENA region

As well as China and India.

Hyflux Ltd has officially launched Singapore’s second and largest reverse osmosis (SWRO) desalination plant on 18 Sep. The construction of the Tuaspring plant, currently Asia’s largest seawater desalination facility with a daily capacity of 318.5 cubic meters, noted OCBC.

OCBC noted that during the launch of Tuaspring, Hyflux management indicated that the company is turning its
focus back to the MENA region.

"In addition, we note the presence of many delegates from that region at the launch, as well as delegates from both China and India – these are all key growth markets that Hyflux has previously identified," and could bode well for more projects in those countries.

But OCBC cautioned that investors are advised to hold their investments until a sizable contract from any of the above mentioned markets replenishes Hyflux's order book.