The Ministry of Industry, Trade and Labor, and Mexican National Water Commissioner Jose Luis Luege Tamargo have signed a water cooperation agreement between Israel and Mexico, NEWTech - Novel Efficient Water Technologies director Oded Distel told “Globes”.
Distel said that the collaboration would include a wide range of water sectors, including treatment of municipal water, leakage prevention, water purification, and wastewater treatment. Israeli and Mexican water experts will visit each other, and Israeli and Mexican companies will establish business ties.
The collaboration with Mexico is highly significant for Israel and Israeli water technology companies. Mexico has the world’s 11th largest economy, and the country’s 2 million square kilometers includes a wide range of climates and precipitation regimes, ranging from extreme aridity to tropical rain forest. Consequently, it needs a wide range of water solutions to overcome shortages and other problems.
Israel’s commercial attaché in Mexico Joshua Peleg notes that Mexico City, with a population of over 20 million, consumes more water than it safely should. Mexico recently placed investment in water at the top of its national agenda.
Many Israeli water technology and irrigation equipment companies already operate in Mexico, including Atlantium Ltd., Aqwise Ltd., Bermad Control Valves Ltd. Dorot Water Technologies Ltd., IDE Technologies Ltd., Netafim Ltd., NaanDan Jain Ltd., Odis Filtering Ltd., and Plastro Irrigation Systems Ltd. (TASE: PLSTR).
Published by Globes [online], Israel business news - www.globes.co.il - on October 31, 2007
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