KUALA SELANGOR (THE STAR/ASIA NEWS NETWORK) – The long-drawn saga over the water restructuring deal between the Selangor and Federal governments has concluded after the final four agreements were signed between the two parties on Tuesday evening (Sept 8).
The state’s Pengurusan Aset Air Selangor (Air Selangor) and the Federal Government’s Pengurusan Aset Air Berhad (PAAB) signed a set of agreements in accordance with provisions stipulated in the Master Agreement.
The four agreements, namely the Facilities Agreement, Lease Agreement, Settlement Agreement and Rights of Use Agreement were signed by Air Selangor chief executive officer Suhaimi Kamaral Zaman and PAAB chief executive officer Datuk Ahmad Faizal Abdul Rahman.