Euphoria in the water sector

WITH Puncak Niaga Holdings Bhd now having secured the water privatisation projects in Selangor and Federal Territory, investors are now shifting their attention to other water-related companies in the hope that these companies would also get a slice of the huge water privatisation pie. 

Investors sees the award to Puncak Niaga as a signal to kick-start some of the privatisation plans outlined in the National Water Resources Master Plan, which has a long term planning horizon of up to 2050 and total budget of RM51.9bil.