IWK not expected to need govt subsidies from next year, says Nik Nazmi


KUALA LUMPUR: Indah Water Konsortium (IWK) is expected not to need subsidies from the government, starting next year, following efforts to optimise the concession for management and operating costs, says Nik Nazmi Nik Ahmad.

The Natural Resources, Environment and Climate Change Minister said in addition to that, IWK also runs its non-core businesses, such as secular economic programmes, solid bio-recycling and leasing of sewerage assets to third parties.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

INTERACTIVE: Malaysians go on spending spree with credit cards in December
Perlis MB discharged from hospital
Perlis Perikatan unrest a 'family matter' to be solved amicably, says Shahidan
Twelve Orang Asli held for alleged trespass on Rompin oil palm plantation
Sabah MACC proposes governance improvements for state rural housing programme
Probe launched over alleged assault by cops during search
Not all Doctors can practise medicine, says MMC
MACC uncovers high-profile cases, recovers assets worth over RM8.4bil as of Nov 30
Selangor Sultan extends Christmas greetings
'Bossku will not give up,' says Najib's son

Others Also Read