Global Water Crisis Knows No Borders: Malaysia Leads Call For Urgent Cooperation
Sharing Malaysia's experience at the Global Water Summit 2025 in Paris, Deputy Prime Minister Yang Amat Berhormat Dato' Sri Haji Fadillah Haji Yusof said, it is time for the global community to recognise water as an invaluable resource to human survival and development
While sharing Malaysia's experience at the Global Water Summit 2025 in Paris, Deputy Prime Minister Yang Amat Berhormat Dato' Sri Haji Fadillah Haji Yusof said, it is time for the global community to recognise water as an invaluable resource to human survival and development.
'Water, the lifeblood of our planet, unites us in a shared responsibility. The global water crisis, transcending borders and economies, demands urgent collaboration,' he said in his speech during the Opening Plenary: 'Delivering the Economics of Water' here today.
Sharing the nation's progressive approach to sustainable water management, Dato' Sri Haji Fadillah who is also the Minister of Energy Transition and Water Transformation (PETRA), highlighted both its successes and lessons learned, reaffirming Malaysia's commitment to offering its expertise as a model for countries facing similar water security issues.
In his address, he outlined key milestones in Malaysia's water management journey, emphasising reforms that have transitioned the country from fragmented state governance to a more coordinated federal-state partnership. He also underscored Malaysia's ongoing efforts to manage growing demands, including urbanisation, climate change and industrial water use.
Key Highlights from Malaysia's Water Sector Transformation 2040 Agenda:
Shifting Perspectives on Water – Malaysia is focusing on treating water as a precious, finite resource. The nation is accelerating smart water management systems and implementing a matching grants program to reduce non-revenue water (NRW) with co-funding from federal government. Strengthening Private Sector Collaboration – Malaysia is inviting private sector investment to help drive innovation in water management. New policies are fostering opportunities for greater participation in green initiatives, water reclamation and the use of alternative energy sources in water infrastructure. Proactive Preparedness for Climate Change – Malaysia is strengthening its resilience to climate change by enhancing flood forecasting, advance data modelling and scenario planning to better anticipate extreme weather events.
Dato' Sri Haji Fadillah also added that Malaysia's active role in regional efforts, particularly within ASEAN, while extended an invitation to global innovators to invest in and collaborate on the next generation of water technologies. The Malaysian government remains committed to fostering sustainable water management practices through continuous innovation, partnerships and shared global solutions.
Meanwhile, Indah Water Konsortium (IWK) Sdn Bhd Chief Executive Officer, Narendran Maniam stated that resource recovery has shifted from a discretionary measure to a policy imperative, driven by the pressing need to enhance environmental resilience and ensure sustainable resource management amid escalating economic and ecological pressures.
Narendran added that for IWK, resource recovery has evolved from being a nice-to-have to a necessity, with a focus on three main drivers behind this journey:
Commitment to Environmental Sustainability – IWK is dedicated to reducing greenhouse gas emissions, minimising waste and creating positive environmental impact through all its efforts. Changing the Utilities Landscape – by becoming the second tap for the nation. As Malaysia is rapidly becoming a regional hub for data centres, it presents a unique opportunity for IWK to support the sustainability of Malaysia's data centre industry through reclaimed water supply. Economic Values and Financial Sustainability.
'Our message to the broader ecosystem is simple – bring value into the equation. The door is open for collaboration. As the national sewerage company, all collaborations will be subject to transparent open tenders and due diligence,' he said at the roundtable talk 'Delivering the Capex Surge' during the summit.
Hashtag: #GlobalWaterSummit #Sustainability #IWK #NewLifeForWater #EraBaharuAir #PETRA
https://www.iwk.com.my/
https://www.linkedin.com/company/indah-water-konsortium/
https://x.com/IwkComms
https://www.facebook.com/IndahWaterKonsortium
https://www.instagram.com/iwk_official/
https://www.tiktok.com/@iwk_official
The issuer is solely responsible for the content of this announcement.
Indah Water Konsortium Sdn Bhd (IWK)
Indah Water Konsortium Sdn Bhd (IWK), is a sewerage services company owned by Minister of Finance Incorporated, Malaysia. IWK is responsible for providing sewerage services, operating and maintaining 9,133 existing sewage treatment plants and network pump stations, as well as more than 22,000 km networks of sewerage pipelines serving 32 million Connected Population Equivalent (cPE).
Our core expertise spans Operations and Maintenance, Refurbishment, Planning & Policy Strategy, Engineering and Process Review, Project Planning and Management, Environmental Impact Assessment (EIA) and Hazard and Operability Studies (HAZOP), as well as Research & Development, and Training Services including module development. IWK has been recognised to lead capacity building projects via mentorship programme by UN Habitat and the Asian Development Bank (ADB). The company has completed two projects: UN Habitat's Global Water Operators' Partnerships & Water Organization Partnerships (WOP) Project in Banjarmasin, Indonesia, and ADB's Water Organization Partnerships for Resilience (WOP4R) Programme in Baguio City, the Philippines.
For more information, visit www.iwk.com.my
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
2 days ago
- Zawya
Jordan: ACI exports rise to $4bln in first five months of 2025
AMMAN — Amman exports rose to JD2.849 billion in the first five months of 2025, marking a 12.2 per cent increase compared with the same period in 2024, the Amman Chamber of Industry (ACI) said on Tuesday. The chamber's data indicated that most industrial sectors contributed to this increase, with the exception of the wood and furniture sector and the packaging, paper and office supplies sector, which declined by 14 per cent and 9.2 per cent, respectively, the Jordan News Agency, Petra, reported. Construction materials posted the "highest" sector in export growth, surging by 86.7 per cent year-on-year, while the engineering, electrical and ICT sector posted the "lowest" sectors in exports with 0.5 per cent. India, the US, Saudi Arabia and Iraq remained the "top" export destinations, collectively accounting for more than JD1.63 billion, over half of the chamber's total exports during the reporting period. Exports to India rose by 14.7 per cent to JD395 million, exports to Saudi Arabia increased by 7.2 per cent to JD352 million, while Iraq exports were up by 4.8 per cent to JD381 million, compared with the same period of 2024. Despite the US recorded a decline of 5.1 per cent during the January-May period of 2025, it remained the "leading" single-country destination for the ACI exports, registering JD507 million, down from JD534 million in the corresponding period of last year. ACI also reported an increase in exports to regional countries, where exports to Syria surged by over 300 per cent, reaching JD114 million, while exports to Palestine rose by 21 per cent to JD69 million. Arab countries topped the list of regional blocs receiving ACI's exports, with a total value of JD1.396 billion, while non-Arab Asian countries followed with JD566 million, and North America with JD528 million. The European Union accounted for JD148 million, African nations for JD82 million, non-EU European countries for JD79 million, South America for JD20 million and other countries for JD27 million. By sector, mining led with JD610 million in exports, followed by chemicals and cosmetics at JD532 million and engineering and electrical products at JD444 million. Exports of food, agricultural and livestock products reached JD417 million, medical and pharmaceutical products JD273 million, and garments and leather goods JD247 million. Other sectors included plastics and rubber with JD130 million, packaging and paper products with JD102 million, construction materials with JD87 million and wood and furniture with JD8 million. Founded in 1962, ACI currently represents around 8,600 industrial enterprises. These businesses collectively employ over 159,000 workers and operate with an estimated total capital of JD5 billion. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (
Zawya
2 days ago
- Zawya
Jordan, Syria agree on mechanism to boost cooperation in ICT sector
AMMAN — Jordan and Syria on Monday agreed to boost cooperation in the ICT sector, following discussions held virtually between Minister of Digital Economy and Entrepreneurship Sami Smeirat and Syria's Minister of Communications and Technology Abdul Salam Haykal. Discussions during the meeting centred on efforts to activate a regional fibre-optic corridor, explore alternative routes for internet and telecom services, and position Jordan as a strategic transit hub for data traffic with a potential capacity of up to 100 terabytes, the Jordan News Agency, Petra, reported. The initiative would involve linking Syrian and Jordanian fibre-optic networks to enhance service sustainability and regional connectivity. The two sides expressed shared interest in making Jordan a 'critical' passage for Internet traffic transiting through Syrian territory to southern destinations, underscoring the strategic role of infrastructure cooperation in broader regional development. As part of their plan to foster closer cooperation, the two ministers agreed to organise a technical forum in Damascus at the earliest opportunity. The event would bring together private-sector companies from both countries working in telecommunications, digital infrastructure, and IT services to create new channels for business partnerships and investment. Smeirat is expected to head the Jordanian delegation to the forum, which would include representatives from key Jordanian companies specialising in fibre-optic systems, digital platforms, and infrastructure development. During the meeting, Smeirat reiterated Jordan's readiness to support the growth of Syria's ICT sector by offering technical expertise and encouraging the involvement of Jordanian firms in future projects. The ministers also agreed to maintain close coordination through the recently established Higher Coordination Council, formalised by a memorandum of understanding signed in Damascus on May 20.
Arabian Post
3 days ago
- Arabian Post
Octa broker's survey: Malaysian traders' security stance
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 4 June 2025 – Octa, a global regulated broker since 2011, conducted a survey to learn more about Malaysian traders' security habits and behaviours, both in everyday life and in trading. Below are some insightful takeaways on how traders approach one of the most crucial aspects of their craft. There is an old saying, 'How you do anything is how you do everything.' Whatever its initial source, this piece of wisdom is remarkably applicable to trading. With that idea in mind, Octa, a globally trusted and regulated broker, surveyed Malaysian traders about their stance towards security in life and trading. The survey showed some interesting correlations. Suspended judgement According to Octa's survey, 83% of Malaysian traders tend not to trust new acquaintances too easily. They prefer getting to know a new person for several months before entirely relying on them. The remaining 17% approach this aspect of their life in a much more nonchalant manner, saying they only need several hours or less to start trusting a new person. ADVERTISEMENT This reserved attitude towards new people displayed by Malaysian traders matches their stance towards choosing a financial broker. 92% conduct thorough research and scrutinise online reviews before putting their trust in a broker, while only 8% make this decision without proper groundwork. This symmetry in attitudes speaks volumes about people's mentality, but the key takeaway is this: in life, as in trading, Malaysian traders tend to display a cold-headed approach. They opt for transparency and require as much information as reasonably possible before making a crucial decision, whether in their life or finances. As a broker with a long and successful track record, Octa fully supports this stance and advises traders to test its advantageous conditions and fast withdrawals first-hand instead of mindlessly trusting advertisements. This way, traders can ensure Octa discloses all its fees and conditions without any hidden tricks—just fair and transparent trading. A disciplined approach to finances The survey showed that 84% of traders pay their utility bills in advance, while only 16% do it at the last minute, despite having no money issues. Surprising though it may seem, this lifestyle choice does not entirely match the participants' stance towards risk management in trading. About 30% of respondents use stop-loss and take-profit orders only when attempting an especially hazardous trade. In most cases, they rely on their intuition and experience. It is worth noting that those who always pay their bills on time are much more likely to use risk management tools in their trading sessions. They carefully set stop-loss and take-profit orders, keep track of their equity level, and calculate potential financial outcomes before taking a position. On the other hand, 48% of those who couldn't be bothered to pay their bills in advance tend to skip the risk management tools, trusting their gut feeling. ADVERTISEMENT To sum up, traders often transfer their financial stance in life to their trading routine. In wealth management, taking a proactive stance often pays off, as you mitigate the risks and avoid unnecessary complications. Another crucial step to mitigate risks is to choose a broker with fast and efficient withdrawals. For example, Octa taps into its extensive global expertise to ensure a secure and reliable withdrawal procedure whose efficiency is supported by thousands of user reviews. Aspirations vs. reality When asked how they envisage their dream workplace, 89% of survey participants chose a meticulously clean, secure, and well-organised environment that emits stability vibes. Only 11% opted for a beautiful and unique, yet chaotic and unpredictable environment. This shows a very strong tendency towards an organised, disciplined approach. On the other hand, according to Octa's research, 68% of Malaysian traders don't plan their trading sessions and access their trading app whenever they feel like it. This statistic reveals a distinct tendency to approach trading with a degree of nonchalance that can harm financial outcomes. The conclusion is simple: leaning towards discipline and efficient planning is one thing, but putting this principle into practice and strategising each session in advance is much more challenging. ___ Disclaimer: This content is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to engage in any investment activity. It does not take into account your investment objectives, financial situation, or individual needs. Any action you take based on this content is at your sole discretion and risk. Octa and its affiliates accept no liability for any losses or consequences resulting from reliance on this material. Trading involves risks and may not be suitable for all investors. Use your expertise wisely and evaluate all associated risks before making an investment decision. Past performance is not a reliable indicator of future results. Availability of products and services may vary by jurisdiction. Please ensure compliance with your local laws before accessing them. Hashtag: #Octa The issuer is solely responsible for the content of this announcement. Octa Octa is an international CFD broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools. The company is involved in a comprehensive network of charitable and humanitarian initiatives, including improving educational infrastructure and funding short-notice relief projects to support local communities. In Southeast Asia, Octa received the 'Best Trading Platform Malaysia 2024' and the 'Most Reliable Broker Asia 2023' awards from Brands and Business Magazine and International Global Forex Awards, respectively.
