In January 2003, Hyflux was named the preferred bidder by PUB to build, own and operate Singapore’s first seawater reverse osmosis (SWRO) desalination plant and also first Public-Private-Partnership project. It was not just Hyflux’s first desalination project; it was also the biggest project to date. The estimated project value of S$200 million was even larger than Hyflux’s market capitalisation at that time!
The project swiftly got off the ground and was completed three months ahead of schedule. On 13 September 2005, Prime Minister Lee Hsien Loong turned on Singapore’s Fourth National Tap with the official opening of SingSpring Desalination Plant.