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Zambia Water Storage Reservoir (WSR) Industry Analysis
The Water Storage Reservoir (WSR) industry in Zambia is currently experiencing a surge in construction of new projects. This is due to the increasing demand for water storage facilities in the country, which is driven by a number of factors.
One of the major drivers of the WSR industry in Zambia is the need to provide reliable water supply to the growing population. With the population of Zambia projected to reach 3 million by 23, there is a need for more water storage facilities to ensure that there is enough water to meet the needs of the people.
Another driver of the WSR industry in Zambia is the need to provide water for irrigation. Agriculture is a major contributor to the economy of Zambia, and with the increasing demand for food, there is a need for more water storage facilities to support irrigation.
The construction of new WSR projects in Zambia is also being driven by the need to provide water for industrial use. With the growth of the manufacturing sector in the country, there is a need for more water storage facilities to support industrial activities.
The outlook for the WSR industry in Zambia is positive, with the government investing in the construction of new projects. The government has set a target of increasing the country's water storage capacity to 2% of the total annual rainfall by 23, which will require the construction of more WSR projects.
In conclusion, the Water Storage Reservoir industry in Zambia is experiencing a surge in construction of new projects due to the increasing demand for water storage facilities. The major drivers of the industry include the need to provide reliable water supply to the growing population, water for irrigation, and water for industrial use. The outlook for the industry is positive, with the government investing in the construction of new projects to increase the country's water storage capacity.
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