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Price of water sold to Singapore 'ridiculous'; Malaysia to renegotiate deal
https://www.channelnewsasia.com/new...-singapore-malaysia-price-ridiculous-10466780
The price of water being sold to Singapore is "ridiculous", and Malaysia will make a presentation to its neighbour on renegotiating the terms of the water supply deal, Prime Minister Mahathir Mohamad said on Monday (Jun 25).
"I think it is manifestly ridiculous that we should sell water at 3 sen per thousand gallons. That was okay way back in the 1990s or 1930s. But now what can you buy with 3 sen? Nothing," the 92-year-old told Channel NewsAsia in an exclusive interview.
Earlier, Bloomberg had reported that Dr Mahathir intended to go back to the drawing board on the water accord, which is set to expire in 2061.
"We are studying the case properly and we’ll make a presentation," he told Channel NewsAsia.
https://www.channelnewsasia.com/new...-singapore-malaysia-price-ridiculous-10466780
The price of water being sold to Singapore is "ridiculous", and Malaysia will make a presentation to its neighbour on renegotiating the terms of the water supply deal, Prime Minister Mahathir Mohamad said on Monday (Jun 25).
"I think it is manifestly ridiculous that we should sell water at 3 sen per thousand gallons. That was okay way back in the 1990s or 1930s. But now what can you buy with 3 sen? Nothing," the 92-year-old told Channel NewsAsia in an exclusive interview.
Earlier, Bloomberg had reported that Dr Mahathir intended to go back to the drawing board on the water accord, which is set to expire in 2061.
"We are studying the case properly and we’ll make a presentation," he told Channel NewsAsia.