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MMC-Gamuda only has itself to blame

  • Oct 10, 2018
Photo Credit: https://www.malaysiakini.com/news/446788By Stephen Ng After a failed negotiation with the Government, MMC-Gamuda is now looking to be invited for re-negotiation. This is after the consortium kicked up the dust after the initial negotiations failed. The statement that the consortium finally issued today to "urge all stakeholders especially (its) staff, subcontractors and suppliers to remain calm" has come too late. The statement should have been issued earlier without ca
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An Open Letter to MMC-Gamuda

  • Oct 10, 2018
By Tony PuaPolitical Secretary to Minister of FinanceMember of Parliament for Damansara10 Oct 2018Dear Directors of MMC-Gamuda, Let me applaud you for putting up a great show since the Minister of Finance, Lim Guan Eng announced the Cabinet decision to(i) accept the offer from MMC-Gamuda to reduce the cost of the MRT2 Above Ground works by RM5.2 billion to RM17.4 billion (23% reduction) in the form of a turnkey contract and (ii) terminate the Underground contract as both parties could
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Gamuda-MMC from my point of view

  • Oct 10, 2018
By Stephen Ng A number of people asked me what I think about the government's decision to terminate the contract with Gamuda-MMC. This article will sum up my views. They are strictly my personal views but before I go on, you should first read an open letter from Tony Pua, political secretary to the Minister of Finance. The decision was made after careful deliberation by the cabinet. This, of course, followed many rounds of discussions between Lim Guan Eng and his team, with the top man
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MRT told to reduce cost of Sg Buloh-Putrajaya line

  • Jun 22, 2018
The Mass Rail Transit Corporation (MRT Corp) has been told to propose cost-cutting measures for its Sungai Buloh-Serdang-Putrajaya (SSP Line) project. Its chief executive officer Shahril Mokhtar said this after meeting with the Council of Eminent Persons today.“We discussed how we could reduce the cost for Line 2 (SSP Line).“We are trying our best to reduce the cost further to save the rakyat’s money.“No (target) figures were shared... but now it is on our part to find ways to do it
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