Puncak Niaga Launch Water Technology Initiative

By World Finance, PRNE
Sunday, October 24, 2010

LONDON, October 25, 2010 - Speaking to World Finance in the November December issue, Tan
Sri Rozali Ismail
, founder and Executive Chairman of Malaysia-based Puncak
Niaga, said the company has constructed a network of local experts in water
engineering, technology and management, and has an extensive capacity for
R&D. Changes in the global economic landscape pose major challenges as well
as offer significant opportunities. The private sector has an important part
to play, Ismail told the magazine's reporters.

"An improved water supply and water resources management will
be the catalyst to boost Malaysia's economic growth, which in turn will help
eradicate poverty for all Malaysians.

"Ultimately, I see Puncak Niaga as a centre of excellence for
water - a home-grown Malaysian brand that is as successful, competitive and
vibrant as any other multinational corporation -hence the name Puncak Niaga -
the 'Peak of Business' - it symbolises both the challenge that lies before us
and the achievements to which we aspire."

Malaysia is not a nation you would expect to suffer from a
water crisis. With a population of 28 million, most of the state gets
rainfall almost all year round, and the country's per capita renewable water
is about 5,000 cubic metres per year.

According to Malaysia's National Water Resources Study
2000-2050, the nation's water requirement will increase by 63 percent from 11
billion cubic metres in 2008 to 17.7 billion cubic metres by 2050. The demand
for treated water will grow between 2 percent and 3.5 percent annually for
Selangor, Kuala Lumpur and Putrajaya. The figures also suggest that poor
water management practices may lead to water demand exceeding the supply as
soon as 2014 in some states.

To find out more about the state of the water market in Asia,
and enjoy the latest global monetary and fiscal commentary, read World
Finance's November December issue, available in all good newsagents now.
Alternatively visit www.worldfinance.com for the best reports and
daily market insights.

Notes for editors:

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    Michael McCaw
    Editorial Department

    World Finance

For further media information contact: Michael McCaw, Editorial Department, World Finance, +44(0)20-7014-0370, michael at worldfinance.com

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