news

Cabinet to decide on Pan Borneo highway PDP by end-March, says Deputy Minister

KUALA LUMPUR (March 21): The Cabinet will make a decision on whether to change the project delivery partner (PDP) model in building the Pan Borneo Highway by end of March this year, according to Deputy Works Minister Mohd Anuar Mohd Tahir (PH-Termeloh).

Speaking to reporters at the Parliament lobby today, Mohd Anuar said the government will ensure that the outcome will be a win-win solution for all parties.

"By end of March, Cabinet will make a decision related to Pan Borneo. So until the decision is announced, all speculations remain a speculation, I cannot and don't have the right to say anything ahead of Cabinet.

"So it is just a few days away to end of this month, by end of March, a firm decision will be made," he said.

"We will continue on whatever negotiation we are having now, our country requires negotiation, between the Federal Government, represented by the Ministry of Works and Ministry of Finance, and the State governments. So we will negotiate until we achieve a win-win solution for all parties, including the people. I personally cannot express my view on this project because as a government we have to come out with a collective decision, especially a government (that) is formed under a coalition," he added.

Earlier today, The Edge Financial Daily reported that Federal Government has decided to ditch the PDP model for the entire RM29 billion Pan Borneo Highway project in favour of the turnkey contractor model. — theedgemarkets.com

Click here for more property stories.

Looking for properties to buy or rent? With >150,000 exclusive listings, including undervalued properties, from vetted Pro Agents, you can now easily find the right property on Malaysia's leading property portal EdgeProp! You can also get free past transacted data and use our proprietary Edge Reference Price tool, to make an informed purchase.
SHARE
RELATED POSTS
  1. Completion date for Sabah Pan Borneo Highway to be announced after tabling of 12MP, says Deputy Works Minister
  2. PN govt will not revert to PDP structure for Pan Borneo Highway — minister
  3. Samling sues Ekovest over dispute involving Pan Borneo Highway project