The District Government of Kotabaru is set to add equity investment for the government owned water company PDAM Kotabaru, to enable it to expand water distribution.
The District Secretary Said Akhmad here on Wenesday remarked that every year the government routinely allocates IDR6 billion in its budget for the equity.
"The equity is the obligation of local government who every year allocate IDR6 billion and the plan is set in the draft bylaws on equity investment," he said.
Read also: Kotabaru Penitentiary supplied by PDAM water tank
Read also: Kotabaru tap surveys alternative raw water sources
The additional capital investment is to strengthen the company capital structure to improve it service to the public. "The capital equity from the government is especially used for expansion of distribution through network addition," he pointed out.
Thereby, the district government expected the performance of the PDAM Kotabaru will improve. "The revenue of PDAM as regional public service agency (BLUD) does not enter the regional treasury, but is used for the improvement of public service," he added.
Read also: PDAM Kotabaru launches online services
Read also: BPKP values PDAM Kotabaru performance healthy
Meanwhile, the regional government equity is regulated in a regional regulation to be transparant and encounted for.
COPYRIGHT © ANTARA News Kalimantan Selatan 2019
The District Secretary Said Akhmad here on Wenesday remarked that every year the government routinely allocates IDR6 billion in its budget for the equity.
"The equity is the obligation of local government who every year allocate IDR6 billion and the plan is set in the draft bylaws on equity investment," he said.
Read also: Kotabaru Penitentiary supplied by PDAM water tank
Read also: Kotabaru tap surveys alternative raw water sources
The additional capital investment is to strengthen the company capital structure to improve it service to the public. "The capital equity from the government is especially used for expansion of distribution through network addition," he pointed out.
Thereby, the district government expected the performance of the PDAM Kotabaru will improve. "The revenue of PDAM as regional public service agency (BLUD) does not enter the regional treasury, but is used for the improvement of public service," he added.
Read also: PDAM Kotabaru launches online services
Read also: BPKP values PDAM Kotabaru performance healthy
Meanwhile, the regional government equity is regulated in a regional regulation to be transparant and encounted for.
Editor : Mahdani
COPYRIGHT © ANTARA News Kalimantan Selatan 2019