YTL Corp ... Aug10

Sources say YTL Corp Bhd’s Wessex Water Ltd may no longer participate in the multi-billion ringgit project to rehabilitate and develop the polluted Klang River.

Britain-based Wessex is a water treatment and sewerage specialist, which together with property developer I-Bhd had been part of a consortium bidding for the Selangor government project.

It is understood that Wessex, together with another consortium and a company, had been chosen to work on different aspects of the project. The other consortium is TSS-Mako Engineering Sdn Bhd while the company is GJA Engineering & Construction Sdn Bhd.

The master planner is DPZ Asia, an architectural and planning firm based in the United States.

The state government is still studying the proposals submitted by the companies and are evaluating and figuring out the best business model for this project. It confirmed that I-Bhd would lead the Wessex Water I-Bhd group portion for the project.


The Klang River stretches 120km, with the first 80km under the purview of Selangor and the balance 40km under the Federal Government.

The massive project is being spearheaded by Selangor MB Tan Sri Abdul Khalid Ibrahim to enhance the state’s tourism and economic profile.

It was unveiled in 2009 as part of the state’s stimulus package. According to reports, the development of the river banks could attract new development and redevelopment projects with gross development value of more than RM50bil, creating thousands of jobs along the way.

Although being spearheaded by the state, financing for the project largely would come from private firms. The entire project is estimated to cost some RM15bil and is expected to span 15 years.