Puncak Niaga Holdings Bhd has been awarded the contract to operate the water supply system for Selangor and the Federal Territory in the first privatisation project of its kind in the country.
The contract is estimated to be worth RM1bil annually to Puncak Niaga, based on the revenue figures of Perbadanan Urus Air Selangor Bhd (PUAS), which currently manages the system.
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