BMI View: Over the last decade Malaysia has embarked on a period of centralisation leading to significant improvements to its water and sewerage networks. In an effort to force operators to focus on minimising wastage and improving efficiency, new regulations have established an asset holding company to acquire state operator’s assets and liabilities. Whilst opening the door for private sector players this is likely to hamper competition in the long term as the Government retains a large control over the industry. This means it is unlikely that current issues plaguing the sector such as inefficiently low tariffs will change dramatically …
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