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(From The Star (Malaysia))
YLI Holdings Bhd sees a bright future for its ductile iron pipes with the government plans to lay new water pipes and further reduce non-revenue water by 2005 and 2015 respectively.
Its group-managing director Loh Yok Yeong told Star Business that according to the Malaysia Water Industry Guide 2002, the government planned to lay another 6,700 km of new water pipes in the country in 2005.
"The government also aims to cut down non-revenue water to 20% by 2015 from 40% in 2002.
"In anticipation of the move by local water authorities to replace aging water pipes, the group had recently upgraded its average production capacity to 50,000 metric tonnes from 30,000 metric tonnes previously. The group invested RM30mil in the upgrading exercise. …