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    Pengurusan Aset Air Berhad (Paab) : A. Board of Directors

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    amirul baharudin
    Pengurusan Aset Air Berhad (PAAB) is a wholly government-owned company responsible for developing Malaysia's water infrastructure through competitive financing. PAAB will take over existing water assets from states, lease them back to state water operators, and finance new infrastructure projects to relieve the burden on states. This restructuring aims to improve efficiency, quality and sustainability of water services nationwide.

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    Pengurusan Aset Air Berhad (Paab) : A. Board of Directors

    Uploaded by

    amirul baharudin
    257 views1 page
    Pengurusan Aset Air Berhad (PAAB) is a wholly government-owned company responsible for developing Malaysia's water infrastructure through competitive financing. PAAB will take over existing water assets from states, lease them back to state water operators, and finance new infrastructure projects to relieve the burden on states. This restructuring aims to improve efficiency, quality and sustainability of water services nationwide.

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    PAAB

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    Pengurusan Aset Air Berhad (PAAB) is a wholly government-owned company responsible for developing Malaysia's water infrastructure through competitive financing. PAAB will take over existing water assets from states, lease them back to state water operators, and finance new infrastructure projects to relieve the burden on states. This restructuring aims to improve efficiency, quality and sustainability of water services nationwide.

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    © All Rights Reserved
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    Download as docx, pdf, or txt
    257 views1 page

    Pengurusan Aset Air Berhad (Paab) : A. Board of Directors

    Uploaded by

    amirul baharudin
    Pengurusan Aset Air Berhad (PAAB) is a wholly government-owned company responsible for developing Malaysia's water infrastructure through competitive financing. PAAB will take over existing water assets from states, lease them back to state water operators, and finance new infrastructure projects to relieve the burden on states. This restructuring aims to improve efficiency, quality and sustainability of water services nationwide.

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    PENGURUSAN ASET AIR BERHAD (PAAB)

    A. Board of Directors  Develop water asset infrastructure to be funded at competitive


     YB Dato Sri Hasan Arifin / Dato Sri Ir. Dr Zaini Ujang / market rates
    Zakiah jaffar / Datuk Nik Azman Mohd Zain /  Operate the business based on the international standard
    Dato Ir. Jauhari Hamidi / Mohd Hedri Hanafi / procedures
    Muniandi A/L Govindasamy / Suzana Atan  Empowering human resources to meet future industry demand
     Contributing relevant expertise in order to meet the stakeholder's
    B. Executive Leadership expectations
     CEO : Abdul Hadi Ali
    F. HOW WILL PAAB DEVELOP THE NATION'S WATER INFRASTRUCTURE?
     COO : Ir Zainal Nagin
     PAAB will first take over the existing water assets from the various
     Special Project Division : Hj Kamarudin States.
     PM : Mohd Fauzi Omar  Currently, these assets are owned by either the State Governments
     Finance : Rozaifee Abu Zahrim or private water concessionaires.
     HR : Zulhayati Yahya  After the transfer, the state water operators (Service License) will
     Commercial : Mohamad Mohamad Noh lease back the water assets from PAAB (Facilities Licensee) for
    operation and maintenance as the States will continue to be
    C. Background PAAB responsible for the provision of water supply services.
     Wholly owned company of the Minister of Finance Inc., incorporated  Thereafter, PAAB will be responsible for building any new water
    on 5 May 2006 infrastructures required by the States.
     Objective of being the holding company for the nation’s water assets.  PAAB will also source and provide the financing for the development
     Restructure the water services industry in the country to achieve of these new assets.
    better efficiency and quality, as well as to ensure sustainability of the  As a result of this exercise, the State Governments will be relieved of
    industry. the burden to fund the construction of new water assets, which
     Our main responsibility is to develop the nation’s water requires enormous capital.
    infrastructure in Peninsular Malaysia and the Federal Territory of  The state water operators will also become asset-light, and can focus
    Labuan, using competitive financing sourced and obtained from solely on improving the efficiency of their operations and services to
    private financial market. the consumers.
     The water assets are then leased to water operators licensed by the
    industry regulator, Suruhanjaya Perkhidmatan Air Negara (SPAN) for G. PAAB’s Scope
    operations and maintenance.  Responsible for providing new water infrastructure, upgrading and
     Assist SPAN to restructure the nation’s water industry to achieve the refurbishing water treatment plants and distribution pipes
    Government’s vision for effective and quality water services

    D. Vision
     To be a water class water asset provider
    E. Mission

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