Syabas Water Supply Agreement

April 12, 2021 7:59 pm

The framework agreement was signed following a letter of intent from both sides on February 26, followed by an agreement on August 1. The request for a new water supply account has been facilitated, particularly for tenants who do not need to provide the landlord`s or landlord`s documents to request a new water supply account. Applicants are also reminded that the water supply is interrupted if they do not pay the water bills. “With this master contract, the federal government believes that PASSB, which will be the core water supply service in Selangor, Kuala Lumpur and Putrajaya, can implement a global transformation to create an efficient, sustainable and sustainable water services industry. Applicants for new water supply accounts must continue to pay stamp duty and refundable deposit. Registration for a new water supply account is now available online via the Customer Service Online Portal (eser.syabas.com.my/syabascsp/). In the meantime, PAAB will pay $1.68 billion.RM to facilitate concession purchases and, in return, the Selangor government will provide the hydraulic facilities to PAAB for a period of 45 years. PAAB leases the hydraulic facilities to the PASSB, which pays a lease fee to PAAB, at a rate set between the two parties and set in the facilities and leasing contracts. “The share purchase agreement between PASSB and the parties involved will be signed shortly, which will complete the acquisition process of the Selangor water concession companies and thus complete the process of restructuring water management,” said Dr. Ongkili and Abdul Khald.

In a joint media statement, the Minister of Power, Green Technology and Water, Datuk Seri Dr. Maximus Ongkili, and Selangor Menteri Besar Tan Sri Abdul Khalid Ibrahim said that the master agreement was signed by Finance Minister Tan Sri Mohd Irwan Serigar Abdullah. Selangor Secretary of State Datuk Mohammed Khusrin Munawi, Water Asset Management Company (PAAB) CEO Datuk Ahmad Faisal Abdul Rahman and Pengurusan Air Selangor Sdn Bhd (PASSB), CEO Suhaimi Kamaralzaman. KUALA LUMPUR (September 12): Federal and regional governments today signed a framework agreement for water restructuring in the Klang Valley.

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