The takeover of four water concession companies by Selangor government cannot fully solve the water woes in the Klang Valley in the immediate future, said Energy, Green Technology and Water Minister Datuk Seri Peter Chin Fah Kui.
He said this was because the takeover process would likely take a long time as there must be some willing sellers and buyers.
"The takeover of the four companies is not a very wise stand as only the construction of the Langat 2 Water Treatment Plant Langat 2 can solve all the water woes in Selangor, Kuala Lumpur and Putrajaya," he told a press conference after attending the ministry's Hari Raya Open House at the Malaysian Agro Exposition Park in Serdang here.
The state government had wanted to take over the four concession companies, namely Syarikat Bekalan Air Selangor Sdn Bhd (Syabas), Puncak Niaga Sdn Bhd (PNSB), Syarikat Pengeluaran Air Sungai Selangor Sdn Bhd(Splash) and ABASS Consortium, to implement the water industry restructuring plan.
Yesterday, Selangor Menteri Besar Tan Sri Abdul Khalid Ibrahim said the state government would announce its latest offer to buy all four water concession companies in another two weeks.-- BERNAMA
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