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Foreign investors are becoming players in Australia’s water market

Posted by: Maven on September 9, 2010 at 8:29 am

From Circle of Blue Water News:

“Foreign investors have bought hundreds of millions of dollars worth of permanent water rights in Australia, according to a series of reports published this week by the Sydney Morning Herald.

Purchasing water rights represents a shift in investment strategy for water funds, which to this point have focused primarily on water utilities, water infrastructure and water-related technologies. Though formal water rights trading exists in Chile, the western United States, South Africa and China, no country matches the size of Australia’s market, worth AU$30 billion. … “

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