Malaysia looks for $12 billion
- From: Vol 5, Issue 8 (August 2004)
- Category: General
- Region: Asia
- Country: Malaysia
The government is looking to the UK model of privatisation to bring its water infrastructure up to standard. Foreign firms are welcome.
More than US$12 billion is needed to fund Malaysia’s privatisation efforts so that water firms, local and foreign, can undertake massive rehabilitation of the country’s outdated water and sewerage infrastructure, which is in dire need of renewal.
The federal government, which has now taken over responsibility for all water projects from the nation’s 11 state governments ...
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