SINGAPORE (Nov 26): Singapore’s reputation as the cleanest, greenest Asian city requires a robust waste management strategy. Solid waste disposal in the city has increased sixfold in the past few decades, from 1,260 tonnes in 1970 to 8,443 tonnes in 2017. This figure is going to increase, with the growth in population and affluence. Thus, a sustainable solid waste management system is imperative for the city’s health. Waste collection companies, therefore, could offer investors some stability and resilience amid economic uncertainty. In Singapore, only four companies operate as licensed public waste collectors (PWCs). They are Sembcorp Industries, Colex Holdings, 800 Super Holdings and Veolia ES Singapore, a unit of CAC- and Euronext-listed Veolia.

Only the two Catalist-listed companies — Colex and 800 Super — are pure-play Singapore-focused waste management companies. 800 Super operates in the Ang Mo Kio-Toa Payoh and Pasir Ris-Bedok sectors, Sembcorp operates in the City-Punggol and Woodlands-Yishun sectors, Colex operates in the Jurong area and Veolia services the Clementi-Bukit Merah zone.

For Veolia and Sembcorp, waste management in Singapore comprises a relatively small business.

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