Beverly Hills 12/18/2009 2:06:20 AM
News / Business

Israel Pursues Water Technology

Financial World News Update by Equities Magazine

Despite its arid landscape, Israel has announced plans to pursue water technology as a means of preparing itself both fiscally and ecologically for the changing global conditions.

 

The move is sure to be lucrative for Israel, which has established itself as the leader in the areas of desalination, wastewater treatment and sewage-eating bacteria over the last decade.  

 

Israel’s focus on the development and exportation of innovative, water technologies is thought to have prompted the nation’s speedier recovery from the crash. Reports from the macroeconomic research department at the Bank of Israel show the only economic sector that has improved since the crash is high-tech, buoyed almost exclusively by hydro-technologies.

 

Among the prominent technologies pushing the sector forward is a bacteria-dispensing square, by industry front-runner, Aqwise, placed in water to breakdown sewage and bolster the efficiency of the water treatment. The company’s have increased by 50 percent since they began to peddle the products on foreign markets this year.

 

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