Singapore is facing a major challenge in its water security in the next 50 years, and the impending rise in water prices - which sparked debate when it was announced on Tuesday - is only a small part of the solution.
Minister for the Environment and Water Resources Masagos Zulkifli said yesterday at a Pre-Committee of Supply consultation session - attended by 35 members of industry, academia, non-governmental organisations and the public - that having a culture of "revulsion" towards water wastage was much more critical to the country than worrying about the cost of water.
Industry will have a growing role in perpetuating this culture, as it is already using more than half (55 per cent) of Singapore's water. By 2060, this is predicted to hit 70 per cent of Singapore's total water demand, which itself is expected to double by then.
Nevertheless, Mr Masagos said the Government will give due consideration to economic factors in setting the price of water.
"While we need to recover its cost, we cannot do so by sacrificing the competitiveness of Singapore to attract industries to come here," he said.