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ARB inks deals worth RM800 mln with Chinese firms

Last update: 23/07/2019
KUALA LUMPUR, July 23 (Bernama) -- ARB Bhd today signed two separate agreements with Chinese companies for the provision of water supply-related technology for a combined project value of RM800 million.

ARB executive director and chief executive officer (investment & technology) Datuk Larry Liew Kok Leong said ARB's wholly-owned subsidiary Arbiot Sdn Bhd inked memoranda of understanding (MoA) with Hangzhou Mayam IoT Tech Co Ltd and Shuifa IoT Tech Co Ltd.

He added that Hangzhou Mayam will provide the necessary funding to Arbiot to implement a smart water metering project in Malaysia to measure, collect and analyse real-time water usage information and data, including water leakages, water pressure, date and time of water consumed by households, in digital form.

The project is valued at RM200 million.

"We target to have about 300,000 residential units to be installed with the smart water metering system within 24 months for phase one.

"Currently we are still finalising our discussions with state authorities including Pengurusan Air Selangor Sdn Bhd (Air Selangor), Lembaga Air Perak and Perbadanan Bekalan Air Pulau Pinang (PBAPP)," said Liew after the MoA signing here today.

Liew said the agreement with Hangzhou Mayam will allow greater cost savings and increase revenue while keeping up with consumers' increasing demand via digitalisation and more sustainable management services.

He also hopes to leverage the technological know-how to help Malaysia's water companies and institutions, not only to better understand water consumption patterns but also to manage the scarcity and quality of water resources more effectively.

On the second collaboration with Shuifa, valued at RM600 million, Liew said it will involve the installation of a smart household water filtration system that can be supplied to the public and individuals.

It said Arbiot will carry out the testing, commissioning, after-sales support, repair and maintenance of the system, while Shuifa will submit, apply for and obtain the requisite approvals for the system.

"For this project, we will work directly with housing developers whom we have identified but still in final discussion.

"We are targeting areas in Selangor, Kuala Lumpur, Perak and Penang where we hope to install at least 300,000 home units within 24 months," he said.

He added that with the installation of the water system, consumers will be able to also check their water bills, set water temperature and get quality status notification of the water filter via their smartphones.

Moving forward, Liew said ARB and both of the Chinese companies hope to expand the smart water technology services regionally, including to Cambodia.

-- BERNAMA






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