Selangor Water Supply Management Takeover

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Selangor Water Supply Management Takeover

Selangor water supply management takeover possible in 60 days

The Federal government is optimistic that the process of handing over the management of water supply services to Pengurusan Air Selangor Sdn Bhd can be settled within 60 days as planned, Energy, Green Technology and Water Minister Datuk Seri Maximus Ongkili said.

He said a series of meetings were held between the ministry and Selangor government officials to discuss and resolve matters before the handover.

He said matters relating to the schedule of handing over water management in Selangor and the Federal Territories of Kuala Lumpur and Putrajaya to the Selangor government through Air Selangor were also discussed at the joint meeting with ministry officials this morning.

"In our view, with the cooperation given by the respective parties, we should be able to complete the transfer as scheduled," he told a press conference during the ministry's Hari Raya celebration held at the Malaysia Agro Exposition Park Serdang (MAEPS) today. He was commenting on developments on the Water Supply Restructuring Agreement between the federal government and Selangor government following the signing of the Supplementary Agreement to the Master Agreement on July 10.

The signing of the Supplementary Agreement involving the federal government, Selangor government, Pengurusan Aset Air Berhad (PAAB) and Air Selangor saw the parties to the agreement given 60 days to fulfil the Condition Precedents (CPs) to the Master Agreement.

Ongkili said the authorities were still required to sign several documents, including the facility agreement as a PAAB requirement to issue an allocation of RM1.65 billion to allow Air Selangor to take over the water concessionaires including Syarikat Bekalan Air Selangor (Syabas).

Source: The Malaysian Insider  

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