Xylem Affirmed Singapore as their Greater Asia Headquarters
SINGAPORE – Xylem Inc. (NYSE: XYL), a leading global water technology company dedicated to solving the world’s most challenging water issues, today announced at Singapore International Water Week (SIWW) 2014 that Singapore has been chosen as the company’s Greater Asia headquarters. The regional headquarters will drive continued geographic and market expansion in the region, reflecting Singapore’s leading position in the water industry. SIWW, which takes place from June 1 to 5, also marks Patrick Decker’s first official visit to the region as Xylem’s President and Chief Executive Officer.
“Our Let’s Solve Water” tagline is an inspirational call to action for our employees. It’s also an invitation to like-minded partners around the world to join us in developing solutions to one of the world’s most urgent issues – the need for clean, safe water and sanitation,” said Decker. “Xylem is focused on developing and growing water markets, and we are continuing to expand our presence where demand for water is escalating due to fast-expanding populations. Much of this growth is occurring right here in Asia, which is why we are proud to announce that Singapore will join China as one of Xylem’s regional headquarters.”
As the Association of Southeast Asian Nations (ASEAN) countries integrate as a single economic community in 2015 and embark on key infrastructure projects, Xylem is well positioned as a technology and equipment provider focused on helping the region meet its
present and future water needs. Xylem’s presence in Mainland China continues to grow, with two factories, research and development capabilities and a business headquarters located in Shanghai. Through these two designated headquarter locations in Asia, Xylem will
be well positioned to steer and drive growth in Greater Asia and Mainland China.
“Our headquarters in Singapore will oversee, manage and function as our local ‘center of excellence’ as we continue to drive growth in the region,” said Allan Hendry, regional director for Greater Asia. “Locally, we are proud to be partnering with PUB, Singapore’s national water agency on research and development programs, as well as with other local companies in the areas of smart water networks and offshore and marine applications.”
“We are delighted that Xylem has affirmed Singapore as their Greater Asia headquarters. Over the years, Singapore has been growing its water industry with research and innovation as the key drivers,” said Chua Soon Guan, PUB’s deputy chief executive of policy and
development. “Through a slew of funding opportunities, commercialisation programmes and test-bedding opportunities, we offer a conducive platform that drives cutting-edge water solutions. This expansion of activities by a major global water company like Xylem reinforces Singapore’s position as a global hydrohub, especially in Asia. Xylem will join more than 130 water companies and 28 research institutes spanning the entire spectrum of the water value chain who have presence in Singapore,” According to the Singapore Economic Development Board, Singapore will see the water sector’s contribution to its GDP rise to $1.7 billion in 2015 – from $0.5 billion in 2003. Local jobs for the sector are expected to double to about 11,000, and will largely comprise professional and skilled positions.
Xylem is a founding partner of Singapore International Water Week and has participated in the meeting since 2008. The five-day event will take place at Singapore’s Marina Bay Sands Hotel, in conjunction with the World Cities Summit (WCS) and CleanEnviro Summit
Singapore (CESS). Xylem’s exhibition space, located within the Sands Expo & Convention Center, will feature Xylem’s “Virtual Resilient City,” as well as selected technology from the company’s portfolio of products and brands. Throughout the week, there will also be product demonstrations and videos showcasing the company’s innovative capabilities.
As part of the company’s participation in SIWW 2014, Xylem’s President and CEO Patrick Decker will be a panellist at the TechXchange forum along with other industry leaders. He will also speak at the Water Leaders Summit. For more information on SIWW 2014 and
individual events open to the press, visit http://www.siww.com.sg.
About Xylem
Xylem (XYL) is a leading global water technology provider, enabling customers to transport, treat, test and efficiently use water in public utility, residential and commercial building services, industrial and agricultural settings. The company does business in more than 150 countries through a number of market-leading product brands, and its people bring broad applications expertise with a strong focus on finding local solutions to the world’s most challenging water and wastewater problems. Xylem was named to the Dow Jones Sustainability World Index for the last two years for advancing sustainable business practices and solutions worldwide.
For more information, please visit us at www.xylem.com.