What liabilities does Sarawak inherit with the Bakun Dam purchase?

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Sarawak Inherits RM6.15 Billion in Liabilities from Bakun Dam Acquisition

The Sarawak government will assume liabilities amounting to RM6.15 billion as a consequence of its acquisition of the Bakun Dam project. This figure, when added to the RM2.5 billion purchase price, brings the total financial commitment associated with the dam acquisition to RM8.65 billion.
Inherited Financial Obligations

The Sarawak government, through its acquisition of the Bakun Dam, has taken on significant financial obligations. These inherited liabilities from Sarawak Hidro Sdn Bhd (SHSB), the former operator and owner of the dam, total RM6.15 billion. This amount is in addition to the RM2.5 billion paid to SHSB for the project itself.
Total Acquisition Debt

The combined financial burden of the Bakun Dam acquisition stands at RM8.65 billion. This total comprises the RM2.5 billion acquisition cost and the RM6.15 billion in liabilities that Sarawak has agreed to cover. SHSB was a company under the ownership of the federal Finance Ministry Incorporated.
Potential Financial Impact on Sarawak's Population

The substantial debt of RM8.65 billion has raised concerns about its potential impact on Sarawak's population. It has been calculated that if this debt were to be distributed among the state's 2.7 million residents, each individual would effectively owe approximately RM3,200. This debt accumulation follows Sarawak's existing debt to the federal government, which was RM2.5 billion as of the previous year.

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What liabilities does Sarawak inherit with the Bakun Dam purchase?

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