Pengurusan Aset Air Berhad (PAAB), a Malaysian water asset management company, will invest RM1 billion in 2024 to build two water treatment plants (WTPs) in Seberang Perai, Penang. The plants, with capacities of 136 million liters per day (MLD) and 114 MLD respectively, aim to increase treated water storage margin in the area and meet future demand. PAAB met with Penang Chief Minister Chow Kon Yeow to discuss the company's role in providing funding for water infrastructure projects in the state.
: Pengurusan Aset Air Berhad , a company wholly owned by the Minister of Finance Incorporated, will spend RM1 billion next year to build two water treatment plants in Seberang Perai, near here.
“The project involves the construction of the Sungai Perai WTP in the Seberang Perai Tengah district with a capacity of 136 million litres of water per day . Another project involves the construction of the Sungai Muda WTP in the Seberang Perai Utara district with a 114 MLD capacity. The statement was issued after PAAB chairman Datuk Seri Ir Jaseni Maidinsa, chief executive officer Ir Zulkiflee Omar and chief financial officer Zaleha Abdul Hamid paid a courtesy call on Penang Chief Minister Chow Kon Yeow at his office in Komtar today.
According to PAAB, the plan is to provide easy funding for implementing water infrastructure development projects in Penang and states that have signed the National Water Services Industry Restructuring Plan with PAAB.
WATER TREATMENT INFRASTRUCTURE INVESTMENT PENANG MALAYSIA
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