Water prices to stay put until 2014

The director of the Maritime Administration, Susana Wong Soi Man said last weekend that water tariffs are not expected to increase until at least 2014. The current raw water supply agreement between Macau and Guangdong expires in 2014. Since May 2011, Macau has been paying RMB2.07 per cubic metre of water. Ms Wong says the chances are high that the prices Guangdong charges Macau will be increased when the deal is reviewed, leading to a water tariff update in 2014. Water prices in Macau are partially subsidised by the government.