Smartpipe Technology Sdn Bhd and Kedah State Investment Arm in JV to Provide NRW Solutions

ALOR SETAR, Nov 6 (Bernama) — Smartpipe Technology Sdn Bhd (“Smartpipe”), a wholly owned subsidiary of Kumpulan Perangsang Selangor Berhad (“Perangsang Selangor” or “the Group”, Bursa: 5843; Bloomberg: KUPS:MK; Reuters: KPSB.KL) has formed a joint venture (“JV”) with Menteri Besar Kedah Incorporated (“MBI Kedah”) to undertake non-revenue water (“NRW”) and other water-related projects to remedy the NRW situation in Kedah. This is in line with Syarikat Air Darul Aman (“SADA”)’s mission to address the situation via sustainable infrastructure planning and development that will lead to attaining the stability of water supply in the state.

Kedah remains as one of the states in the country with high NRW percentage, averaging at 47.4% between years 2015 to 2018. As at August 2019, its NRW reading stood at 49.3%, which was 1.9% higher than the historical average. SADA has identified ageing water pipeline network as the main cause of the high reading in the state.

http://mrem.bernama.com/viewsm.php?idm=36034

administrator

Related Articles