The Eastern Economic Corridor (EEC) is the government’s flagship investment area, spanning Chonburi, Rayong and Chachoengsao provinces. The government has allocated and approved a long-term water management plan covering 53 water development projects worth a combined 52.8 billion Baht. The government and related agencies are promoting factories in the EEC to implement technology that improves the efficiency of water usage and encourages various industrial estates to improve their wastewater treatment systems.
Smart water management together with 3R + IOT is another approach that can provide businesses, especially factories in the EEC, a more efficient and resilient water supply system, improving sustainability and reducing costs. The market will be driven by the growing demand for sustainable water solutions, compelling need to replace the existing water infrastructures and increasing need for reducing water loss. Additionally, progressive government initiatives to implement smart water management and growing developments in the EEC are expected to offer outstanding business opportunities to the stakeholders in this market.
‘3R + IOT’ the Drivers for Sustainable Water Management
The increasing demand for water is a result of the growing population, urbanization, climate change, and economic development and adds pressure to ensuring sustainable water supplies. The demand for water usage will rise, but the amount of available water will not. As a result, it has never been more important for businesses to recycle the water they use.
This issue is particularly relevant for businesses, as such, business has a major stake and an essential role to play in addressing water challenges. The lowering water reserves can create difficulties in securing water of appropriate quality, in sufficient quantity and may affect the efficiency of production which would result in competition for water among sectors, such as communities, industries, agriculture and tourism. By pursuing the ‘3R + IOT’ approach to Reuse water, Reduce water losses and Recycle resources & wastewater together with IOT for systems that monitor the quality of water in real time, we will be able to manage water resources more effectively.