Paris based Veolia Environnement (NYSE: VE) has everything it takes to help us avoid the looming global water shortage and pad our portfolio.
With operations in 66 countries, Veolia provides water and wastewater management, transportation, and energy services to countries in desperate need of fresh water.
In fact, Veolia operates in all five countries considered to have the most potential for growth in the water and wastewater industry. And with roughly 20% of the world’s population, China is at the top of this list.
Currently water pollution plagues 90% of Chinese cities. Veolia Water operates in 20 of 34 Chinese provinces and has contracts naming the company as the sole water supplier for 30 million Chinese citizens.
These contracts aren’t just for 2009; some span up to 50 years!