Puncak scoops KL and Selangor state privatisation
- From: Vol 4, Issue 10 (October 2003)
- Category: General
- Region: Asia
- Country: Malaysia
- Related Companies: Puncak Niaga, Syabas and Taliworks Bhd
The state agency is to hand over management to the Ismail brothers’ company.
Malaysian water company, Puncak Niaga Holdings Bhd, has won a contract worth an estimated US$250 million annually to run the water supply system for the nation’s central Selangor state and the Federal Territory which houses the capital city Kuala Lumpur (as predicted in GWI Vol 4 Issue 7, p.12).
Under the privatisation project, Puncak Niaga will take ...
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