KUALA LUMPUR (July 8): The government is still reviewing the completion date for the Sabah section of Pan Borneo Highway.
PETALING JAYA (July 8): The proposed acquisition of four toll concessionaires will save billions of ringgit for taxpayers and highway users, while providing shareholders of the toll concessionaires a limited but reasonable return on their investment to ensure the stability of the fragile financial markets The finance minister issued two separate statements on June 22 and 26, 2019 to explain the benefits and rationale of the proposed offer to acquire four highway concessionaires (LDP, SPRINT, Kesas and SMART) by the government.
KUALA LUMPUR (July 2): Construction of the 415km Sabah-Sarawak Link Road project beginning next year will not affect Phase 2 of the Pan-Borneo Highway along similar route, says Works Minister Baru Bian.
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 (April 23): The government will tender out three additional work packages under the Sabah portion of the Pan Borneo Highway (pictured) project “in the near future”, according to the works ministry.
KUALA LUMPUR (March 28): The Cabinet will look into the proposal to abolish the Gombak toll at the Kuala Lumpur-Karak Highway after it receives a comprehensive report in June, said Deputy Works Minister Mohd Anuar Mohd Tahir (pictured).
KUALA LUMPUR (March 23): Investors in Gamuda Bhd’s securities have met with the company on March 15 over the nationalisation of the four highway concessionaires in which the contractor has stakes, reported The Edge Malaysia in its latest issue.
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).
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.