Minister: All state governments agree to raise residents' water bills

KUALA LUMPUR (November 1): Minister of Natural Resources, Environment and Climate Change Nik Nazmi (Nik Nazmi) said on Wednesday that state governments have agreed to increase water bills for domestic users.

He said that his department has had many discussions with state governments, and all political parties agree that it is necessary to raise water bills for domestic users, especially since some places have not raised water charges in the past 40 years.

In a ministerial response to the 2024 budget in the lower house of parliament on Wednesday, he explained: “Although the previous administration allowed non-domestic users to raise water bills, we still need to solve this problem because many states lack industrial or commercial sectors.”

Nick Nazmi also said his department is currently developing a mechanism to eliminate the need for state water operators to seek ministerial approval for water fee adjustments.

“We will be submitting a proposal to the Cabinet to establish a mechanism for water charges. This will allow water operators to determine water rates. However, we will also consider how to protect the interests of the bottom 40% and middle 40% income groups,” he added.

The previous government agreed on June 22, 2022 to adjust non-domestic and special category water supply charges in Peninsular Malay and Labuan, increasing by an average of 25 cents per cubic meter.

Stocks related to the water theme have been moving today, including

1) PBA

2) KPS

3) PUNCAK

4) SALCON

5) ENGTEX

6) JAKS

7) COSMOS

8) TALIWRK

Disclaimers:
The above sharing is for educational purposes only and is not a trading suggestion.