Malaysia to set up asset holding firm
- From: Vol 6, Issue 4 (April 2005)
- Category: General
- Region: Asia
- Country:
The government has opted for the leasing model of private sector participation for the water sector.
Malaysia plans to set up the government-owned Water Asset Holding Co. (Wahco) and go to the capital market to seek around US$500 million in funding for its initial start-up within the next two years.
“As a government-owned company, Wahco can borrow money at low interest rates so that it can build or own these [water] assets to be leased ...
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