Comments by "KeoNz" (@KeoNz) on "VisualPolitik EN"
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@lancewood1410 because it is not a business to them?
You could always research yourself but it's ok, I'll spoon feed you once.
In 2003, the Ministry of Information, Communication and the Arts pointed out that the real cost of treating water is RM 2.40 per 1,000 gallons.
Because of the Water Agreements, we only sell the water to Malaysia at 50 sen. That means we’re making a loss of RM 1.90 per 1,000 gallons.
According to the Agreements, Singapore needs to sell 5 million gallons of treated water to Malaysia every day. Based on that calculation, we’d bear a subsidy cost of RM 9,500 per day.
The reality, however, is that we provide way more subsidised water than just 5mgd.
In 2003, Malaysia was buying 37mgd of treated water, this meant that Singapore was subsidising RM 70,000 per day. By 2016, Singapore was regularly providing Malaysia with 16mgd of treated water.
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