PAAB to invest RM1bil in two water treatment plants

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Pengurusan Aset Air Bhd (PAAB), a wholly owned company by the Minister of Finance Inc, is investing nearly RM1bil to fund the construction of two water treatment plants in Seberang Perai, Penang, starting in 2025.

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PAAB said the project involves the construction of Sungai Perai plant in Seberang Perai Tengah district with a capacity of 136 million litres of water per day (MLD).

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Corporate News /Business/Business News PenangProjects WaterInfrastructure PAAB WaterSupply

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-18 @ 00:00:00 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 226 words

Reading Time: 2 minutes read

Sentences: 6 lines

Sentence Length: 38 words per sentence (average)

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Copyright Owner: © The Star

News ID: 24519101

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