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PowerShares Water Resources ETF Message Board

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  • manylumen manylumen Sep 16, 2009 9:29 AM Flag


    Interesting article on Bloomberg: "Goldman says India needs 1.7 trillion for utilities, roads, railways and other infrastructure" in an article by Pooja Thakur. Ultimately if India and China and African nations are to attain a higher standard of living/quality of life they must improve their infrastructure. Innovation and prosperity are enhanced and only really happen when basic infrastructure is their to nurture it. One area highlighted in the article is 272 billion required for better irrigation. Irrigation for farming and clean water and waste water treatment for the population are essential, even more so than roads, railways etc. It would appear to me that politicians are slowly coming to understand this, which is difficult for those with only a 4 year or next election time horizon.

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