CAPE TOWN, South Africa, February 25 /PRNewswire/ --
The Environmental Technologies Group at Frost Sullivan is pleased to announce that it will be hosting a free online analyst briefing on the impact of the global economic slowdown on South Africa's water sector on Thursday 5 March 2009 at 2:00 pm GMT/ 4:00pm CAT.
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In the current economic environment, Investors are increasingly looking to emerging markets for growth. The global average GDP growth of approximately 4% over the past five years is anticipated to decline to levels around 0.9% in 2009. The African continent with a population of 805 million people, abundant mineral deposits, a growing middle class and increased infrastructure spending by governments, is however expected to fare better and therefore be a significant source of growth for global companies.
Although not immune from the global economic slowdown South Africa is anticipated to deliver growth in key sectors in 2009, says Frost Sullivan Programme Manager David Winter. The question remains whether South Africa's water sector can buck the trend that global water markets are experiencing and deliver any reasonable growth in 2009.
This briefing will focus on key drivers in South Africa's water and wastewater sectors, within the context of the current challenges faced by market participants. Historical, as well as future anticipated growth rates and market sizes will also be discussed.
The South African government has made significant headway in providing water and sanitation services to previously un-serviced communities, Winter adds. However, they've taken their eye off the ball in terms of maintaining and expanding existing water and wastewater infrastructure to meet increasing demand.
This discussion will benefit all water sector market participants including equipment suppliers, contractors, water utilities and consultants.
To participate, please email Patrick Cairns at patrick.cairns@frost.com with the following information: your full name, company name, title, telephone number, e-mail, address, city and country. Upon receipt of the above information, a registration link will be e-mailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.
Frost Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 31 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.
Contact: Patrick Cairns Corporate Communications T: +27-18-468-2315 E: patrick.cairns@frost.com http://www.frost.com
Patrick Cairns of Frost Sullivan Corporate Communications, +27-18-468-2315, patrick.cairns@frost.com / Logo: http://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO
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