The Minister of Energy, Green Technology and Water (KeTTHA) Datuk Seri Dr Maximus Ongkili is optimistic that the main agreement on restructuring the Selangor water supply industry can befinalisedby March 9 after being postponed twice previously.

He said he would have a meeting with Selangor Menteri Besar Mohamed Azmin Ali if severalisuesthat were raised, especially the issueonthe acquisition of water assets could not be resolved by then.

"The problem arose because there are assets in Semenyih and BukitNenaswhich were originally known as Selangor stateassets butupon closer scrutiny, they belonged to the federal government.

"Although land belongs to the federalgovernment butinfrastructure belongs to the concessionaire, thus they are of the opinion that it can be used as collateral...So, this can be discussed together and I have not given up," he said.

Ongkilidisclosed this to reporters after attending the Green Technology and Climatic Change Council (MTHPI) meeting chaired by prime minister Datuk Seri Najib Tun Razak at the Perdana Putra Building, yesterday.

The main agreement on the Selangor water industry restructuring which should have beenfinalisedon Jan 12 was postponed to Feb 9 and again to March 9 following the transfer of water assets between the state and federal governments.