Groundwater development (in hold) - Phoenix Group
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Groundwater development (in hold)

The supply of suitable drinking water is very limited, many experts call water the future “oil” and one of the main drivers of the raw materials market. Phoenix Group plans to develop industrial scale production and supply of bottled water to China.
The Phoenix Group
began investing in October 2021 in a new investment area for the production of drinking and mineral water from Artesian springs located in the Southern part of the Eastern Sayan Ridge. This part of the Sayan mountains is considered one of the most environmentally friendly places on the planet. It has never been used industrially. This part of the planet where water can be consumed without treatment from open sources, from crystal clear streams and rivers.
Increased consumption of drinking water.
Throughout the world, due to the prevailing environmental situation, there is an increase in the consumption of drinking water. By 2025, 1/3 of the world's population will depend on a shortage of drinking water. By 2050, 70% of the world's population will live in cities, which will accordingly increase the consumption of drinking water tenfold. China is considered the world's largest market for the consumption of bottled drinking water, with a share of 25% of total world consumption. Over the past 5 years, the import of bottled drinking water to China has grown 2.6 times.
Drinking water consumption projections
Forecasts for the consumption of bottled drinking water in China from 2020 to 2023 are predicted to grow by 5.4% in volume and by 10.4% in value. In 2022, the consumption of bottled drinking water in China will reach 56 million liters and this will amount to $38 billion in monetary terms.
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Phoenix Group plans to invest in the mining and production of bottled water during 2022 and investments in the amount of about $2 000 000.
We plan to develop an industrial scale for the production and supply of bottled water to China in the amount of 50 million liters per year according to the one-belt - one-way scheme.
Risk information

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