Investor interest in water infrastructure to pick up

PETALING JAYA: The implementation of water infrastructure projects in Malaysia is expected to strengthen investor interest in pipe manufacturers.

According to Kenanga Research, water pipe makers are in a bright spot, as they stand to gain from an anticipated surge in demand. This follows the recent water tariff hikes that could strengthen the cash flows of water operators, allowing them to kick start their capital expenditure programmes, including non-revenue water reduction initiatives.