News about PDP

PETALING JAYA (April 26): Home-based teaching and learning (PdPR) for all schools will be commenced for two weeks after the Hari Raya Aidilfitri school break.

KUALA LUMPUR (April 17): MRT Corp said in its briefing last week said that the MRT3 mega project will be “game changer” with high “spillover effects” that will boost the technological capabilities of local talent, “support socio-economic development across urban areas along the route and create jobs for Malaysians”.

KUALA LUMPUR (July 23): The Perikatan Nasional (PN) government will not revert back to the project delivery partner (PDP) structure for the Pan Borneo Highway project, although the Ministry of Works has put in place a mitigation plan to further improve the execution of the project.

KUALA LUMPUR (Sept 19): Lebuhraya Borneo Utara Sdn Bhd (LBU), the project delivery partner (PDP) for the Sarawak portion of the Pan-Borneo highway, is hoping that the infrastructure project can be completed using the PDP model.

KUALA LUMPUR (April 29): MMC Corp Bhd announced today that the Borneo Highway PDP Sdn Bhd (BHP) had on April 22 received a notification from the government to terminate the project delivery partner (PDP) agreement for the Sabah portion of the Pan Borneo Highway.

  KUALA LUMPUR (March 21): The federal government has decided to ditch the project delivery partner (PDP) model for the entire RM29 billion Pan Borneo Highway project in favour of the turnkey contractor model, sources with knowledge on the matter told The Edge Financial Daily.

KUALA LUMPUR (Jan 18): MRCB George Kent Sdn Bhd, the turnkey contractor for the Light Rail Transit Line 3 Bandar Utama-Johan Setia (LRT3), will not be seeking any compensations from either Prasarana Malaysia Bhd or the government, following the "remodeling" of the project delivery partner (PDP) contract into a fixed price contract for the LRT3 project.

KUALA LUMPUR (Oct 18): Shares in Malaysian Resources Corp Bhd (MRCB) and George Kent (Malaysia) Bhd were among the five top actively traded stocks this morning after MRCB George Kent Sdn Bhd said the government has agreed to continue with the Light Rail Transit Line 3 (LRT3) project at a cost of RM16.

KUALA LUMPUR (Aug 28): The government is likely to cease the award of big infrastructure projects to project delivery partners (PDPs) after incidences of cost overruns that affected the government's budget, said special officer to the Finance Ministry Tony Pua.

KUALA LUMPUR (Aug 7): The government would have to pay a RM4.