KUBANG PASU: Negotiations on the sale of water to Singapore via the 1962 Water Agreement will require continuous efforts by both parties to find a mutually beneficial solution.
Foreign Minister Datuk Saifuddin Abdullah said the water price review negotiations must continue as Malaysia felt it was too low and unreasonable.
“I feel that Singapore is a good friend of ours and we can get a good deal for both countries,” he said during a question and answer session in conjunction with his visit
to Universiti Utara Malaysia’s School of International Studies in Sintok here yesterday.
The water agreement issue between Malaysia and Singapore resurfaced last year.
The Water Agreement, which was signed in 1962 and ends in 2061, sees Singapore receiving 250 million gallons of raw water from Johor a day at three sen per 1,000 gallons.
Under the same agreement, Malaysia repurchases treated water at 50 sen per 1,000 gallons.
In two series of meetings with the government previously, Singapore had offered to pay 45 sen for every 1,000 gallons until 2011 and 60 sen from 2011 to 2061.
However, Malaysia has insisted that it should receive a higher amount. — Bernama