SINCE ITS ESTABLISHMENT on 5 May 2006, Pengurusan Aset Air Berhad (PAAB) has played a pivotal role in Malaysia’s national agenda to restructure and revitalise the water services sector. As a wholly owned entity under the Minister of Finance Incorporated (MoF Inc), PAAB was conceived to spearhead change through two core mandates: firstly, to settle the state government's federal loan debts for water infrastructure through the acquisition of their water assets of equivalent value. Secondly, to build, upgrade and rehabilitate...
