THE Japan Bank for International Cooperation (JBIC) is in final stages of discussion with the Finance Ministry, the Economic Planning Unit and related state governments for an undisclosed loan amount for the Pahang-Selangor water project.
Valued at RM2bil, the project would consist of a reservoir to be constructed in central Pahang and a 40km underground pipeline from Sungai Telemung in Pahang to the Klang Valley, JBIC Kuala Lumpur office chief representative Harumi Ao told StarBiz in Kuala Lumpur.