ARB Bhd's wholly-owned subsidiary, ARBIOT Sdn Bhd has inked Memorandum of Agreements (MOA) with Hangzhou Mayam IoT Tech Co. Ltd and Shuifa IoT Tech Co. Ltd for the provision of water supply-related technology.
The combined project value is around RM800 million.
For the MOA with Hangzhou Mayam, it involves a strategic partnership with ARBIOT to deploy smart water meters in Malaysia to measure, collect and analyse real-time water consumption information and data, including water leakages, water pressure, date and time of water consumed households.
The Smart Water Metering project value is RM200 million.
ARB executive director and CEO (Investment & Technology) Datuk Larry Liew Kok Leong said the signing with Hangzhou Mayam is an important step in the digital transformation of utilities.
Not only will it save costs and increase revenue, but also provide greater satisfaction for customers, who are increasingly demanding the digitalisation of this type of services and a more sustainable management, he said.
For the collaboration with Shuifa, it involves the installation of Smart Household Water Filtration System that can be supplied to the public and individuals.
The project value is about RM600 million.
WATCH THE VIDEO AND SUBSCRIBE
The combined project value is around RM800 million.
For the MOA with Hangzhou Mayam, it involves a strategic partnership with ARBIOT to deploy smart water meters in Malaysia to measure, collect and analyse real-time water consumption information and data, including water leakages, water pressure, date and time of water consumed households.
The Smart Water Metering project value is RM200 million.
ARB executive director and CEO (Investment & Technology) Datuk Larry Liew Kok Leong said the signing with Hangzhou Mayam is an important step in the digital transformation of utilities.
Not only will it save costs and increase revenue, but also provide greater satisfaction for customers, who are increasingly demanding the digitalisation of this type of services and a more sustainable management, he said.
For the collaboration with Shuifa, it involves the installation of Smart Household Water Filtration System that can be supplied to the public and individuals.
The project value is about RM600 million.
WATCH THE VIDEO AND SUBSCRIBE
No comments:
Post a Comment