Analysts keep 'overweight' on construction sector, favours key players in Pan Borneo project, flood mitigation
“The four packages have been awarded on March 22, with physical works poised to start on April 1.
“The four packages have been awarded on March 22, with physical works poised to start on April 1.
"We need to make sure they meet three conditions, namely how much work they have in hand, their experience, and their financial strength.
"Some changes still need to be done to the design because of soil problems at the locations involved.
They are the Papar-Donggongon road, Tawau-Semporna road, Lahad Datu bypass and Kampung Lot M-Sandakan Mile 32 road.
Deputy Prime Minister Datuk Seri Fadillah Yusof: “This is because if we do it through an open tender, it will take a long time, especially if there are too many applications.
KUALA LUMPUR (Aug 17): The new completion date for the Sabah portion of the Pan Borneo Highway will be announced after the tabling of the 12th Malaysia Plan (12MP), which is scheduled for early next year, said Deputy Works Minister Datuk Eddin Syazlee Shith (pictured).
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 (Feb 7): Ekovest Bhd and its wholly-owned subsidiary Ekovest Construction Sdn Bhd (ECSB) are being sued by their former joint venture partner Samling Resources Sdn Bhd over a dispute involving work on the Sarawak portion of the Pan Borneo Highway project.
PETALING JAYA (Dec 14): A bridge under construction in Pujut, Miri collapsed yesterday, injuring two workers, Malaysiakini reported today.
KUALA LUMPUR (Nov 9): Zecon Bhd’s auditor Messrs Crowe Horwath has highlighted a material uncertainty in the group’s financial statements for the financial year ended June 30, 2019 (FY19).