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.