2003

Euromoney Asia Pacific Water Deal of the Year 2003

The financing for the SingSpring desalination project was named the Asia Pacific Water Deal of the Year 2003 by Euromoney Project Finance Magazine. With a 20-year off-take contract with the Singapore PUB and a tenor of 18 years with four international banks, this award sets a new benchmark for Hyflux in terms of scope and complexity of execution in the growing market of privately-financed water projects.