Turning the tide in water sector

WATER rarely generates the buzz that electricity enjoys in the utilities space. While the latter has benefitted from policy support and investor attention, fuelled by solar schemes and grid upgrades, water has historically lacked a compelling growth narrative.

That may be changing, with some – like Kenanga Research – suggesting that water could be “the next big story” in Malaysia’s infrastructure space, driven by tariff reforms, rising demand from data centres (DCs) and renewed private sector interest.