Who is ultimately responsible for finalising the water transfer agreement?

Question

Accepted Answer

The Penang Water Supply Corporation is ultimately responsible for finalising the Perak-Penang water transfer agreement

Perak Menteri Besar Datuk Seri Saarani Mohamad said the delay in signing the agreement was not political and that the agreement is a business-to-business arrangement. In that setup, the parties negotiating and signing the agreement are Khazanah Air Perak (KAP) and the Penang Water Supply Corporation, meaning the finalisation timeline depends on the Penang side. Saarani also said he does not know the exact signing date because it is up to Penang: “Once they are ready, they will sign it.”
KAP is the Perak-side business entity in the deal
Saarani identified Khazanah Air Perak (KAP) as a business entity and joint venture company between Gamuda Berhad and the Perak State Development Corporation (PKNP). He said KAP is not acting as a state-government entity in the agreement, but as the business party involved in the B2B arrangement.
The Penang Water Supply Corporation is the other negotiating and signing party
Saarani stated clearly that the agreement is negotiated and signed by KAP and the Penang Water Supply Corporation. He said the state governments are not the direct parties to the agreement, framing it as a business arrangement between the two entities.
The signing date depends on the Penang side
When asked when the agreement would be signed, Saarani said the timeline depends entirely on Penang. He said he does not know the date and that the agreement will be signed once the Penang side is ready, indicating that Penang holds the key timing for finalisation.
Pricing and details wait until the agreement is officially concluded
Saarani said the water price details could not be disclosed until the agreement is officially concluded, describing it again as a business-to-business matter. This ties the completion of the agreement directly to the moment when the parties are ready to sign, with Saarani pointing to Penang’s readiness as the determining factor.

Reading history

Hide →

This history is cleared when the page is closed.

Who is ultimately responsible for finalising the water transfer agreement?

Loading

Was this article helpful?

Helpful

Not helpful

Report an issue

2

0

0

Share with friends