The Northern Perak Water Supply Scheme will transfer raw water from Sungai Perak to Bukit Merah dam, and includes the construction of water treatment plants in Kamunting and Bogak. (PBA pic)PETALING JAYA: A Ministry of Finance Incorporated (MoF Inc) company today signed a loan repurposing agreement with a China-owned bank to finance an integrated water supply infrastructure project in Perak.
The finance ministry said the agreement between Suria Strategic Energy Resources Sdn Bhd (SSER) and the Export-Import Bank of China (Cexim) represented a “significant achievement” in the partial recovery of RM8 billion in loans from the bank to finance the Trans-Sabah Gas Pipeline and multi-product pipeline projects that have since been terminated.
