Projects in their true values

Projects in their true values


In the past four years, PM YAB Najib has implemented Economic Transformation Programmes ITP) and New Economic Model. Hitherto, 138 ETP projects have been announced, with an estimate of RM203.1 bilion investment. The economic growth of Malaysia is forecasted as 4 to 5% in 2012.

These projects include Kuala Lumpur Mass Transit (MRT). LRT Extension, RRI Land Development, Fast Petronas Project, Tun Razak Exchange (TRX) and1 Malaysia Housing Project. It is important to prevent leakages. In this country, the leakages are estimated to be over 30%.

For instance, KLIA2 project was planned to be at KLIA North with an initial cost of RM1.7 billion. It was to be completed in 2011. It is now being built in KLIA West at the estimated cost of RM4 billion. It is scheduled to be completed in 2013.

The Prime Minister has stressed the importance of CTI, swift, accurate and integrity. We must follow these standards, especially in implementing the 138 ITP projects. We hope YAB Najib pay appropriate attention, walking the talk.

We have to strive for transparency such as open tender. We want these projects to be implemented according to their true values. From RM203.1 billion, how many tens of billions can be saved?