GEORGE TOWN: Penang will benefit from the water deal to be signed between the state government and Federal Government in Putrajaya today, said Chief Minister Lim Guan Eng.
He said this was because the state government and the Finance Ministry had come to an agreement to the migration of its core assets in Penang Water Supply Corporation Sdn Bhd (PBAPP) in exchange for a complete restructuring exercise of the outstanding Federal loans owed by Penang.
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