Penang has the CHEAPEST water rates and the LOWEST debt in Malaysia
1. Already 7 states have conducted water restructuring including Penang; in fact some states have done it before Penang.
2. Yet, Penang has the CHEAPEST water rates and the LOWEST debt in the country.
3. The water restructuring deal is NOT due to the benevolence of the federal government, but rather it is a WIN-WIN strategy which saves money for both federal and state governments.
4. The fact is, a CLEAN and COMPETENT state government enabled Penangites to enjoy the CHEAPEST water rates in Malaysia while having the LOWEST debt in the country.
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