You are here

HYFLUX SAGA

Taxpayers cannot bail out Hyflux investors: Masagos

Minister explains that 'investors in search of returns must understand that returns come with some risks".

BT_20190402_ABHYFLUX2_3740306.jpg
Mr Masagos says public-private partnerships have not been weakened by the Hyflux saga. This model has been "useful in allowing us to tap private sector innovations and cost efficiencies to deliver water services more effectively", he says.

Singapore

THE public can't be asked to bail out struggling water treatment company Hyflux's retail investors, Minister for the Environment and Water Resources Masagos Zulkifli has said.

But national water agency PUB could still take over the Tuaspring desalination plant - which is...

sentifi.com

Market voices on: