Malaysia

Most undersea cable construction are private investments: Teo

Govt funds used for new towers in interior areas with no commercial value, minister says

Updated 3 years ago · Published on 05 Apr 2023 2:55PM

Most undersea cable construction are private investments: Teo
Responding to a question in the Dewan Negara today, Deputy Communications and Digital Minister Teo Nie Ching says the companies involved in undersea cable construction in the country view the installations as having commercial value and build them without relying on government funds. – Information Dept pic, April 5, 2023

KUALA LUMPUR – Most of the undersea cable construction in Malaysia do not involve government funds, but are implemented by the private sector using their own funds, said Deputy Communications and Digital Minister Teo Nie Ching.

She said the companies involved view the installation of the cables as having commercial value and on that basis, they are willing to build them without relying on government funds.

“The existing undersea cables including the basic East-West submarine cable system linking Mersing to the termination point in Kuching by Sacofa Sdn Bhd…were all through private funding.

“Only TM (Telekom Malaysia Bhd) made use of its own funds and some from MCMC (Malaysian Communications and Multimedia Commission) through the USP (universal service provision) programme,” she said.

Teo said this in response to a supplementary question from Senator Apandi Mohamad who wanted to know how much the government spent on the installation of the undersea cable system during the oral question-and-answer session in the Dewan Negara today.

She said government funds were instead used to look after the interior areas, which have no commercial value and where telco companies were not interested to invest in constructing new towers.

“To cater to the needs of all Malaysians, new towers are erected in the interior areas and this is funded by the government by using the USP funds,” she said. – Bernama, April 5, 2023

Related News

Malaysia / 1w

DAP’s Marina rubbishes claims of being ‘bought over’

Malaysia / 2w

Online fraud: Number of cases, losses continue to rise – deputy minister

Malaysia / 6mth

Three ministers sworn in for second term as senators

Malaysia / 6mth

Sabah polls: No online campaign violations so far, says Teo Nie Ching

Malaysia / 7mth

Prepaid SIM card registration to be limited: Two per telco for M'sians, two in total for foreigners

Malaysia / 8mth

Sabah election: PH-BN still negotiating on cooperation, says Wanita DAP chief

Spotlight

Malaysia

Bersatu-PH tie-up a possibility as coalition seeks Malay support, analyst says

By Alfian Z.M. Tahir

Malaysia

Woman molested on her way home from work (video)

Malaysia

Court allows Daim's daughter to permanently keep passport

Malaysia

Santiago pokes holes in data centre hype, asks: Who really benefits?

By Alfian Z.M. Tahir

Malaysia

Jeweller vows to pursue Rosmah until ‘every penny’ is recovered as RM67.5m battle enters enforcement phase

Malaysia

Ambulance carrying two injured men crashes en route to hospital after MPV collision in Besut

Malaysia

Man blames 'lack of love' for sexual assault on teens

Business

BNM's OPR to stay at 2.75 pcent in 2026 amid strong domestic demand - Kenanga IB

Malaysia

Missing jewellery: Rosmah ordered to pay RM67.5 million

You may be interested

Malaysia

Anwar’s leadership strengthens Japanese investor confidence in Malaysia — Bank Rakyat Chairman

Malaysia

Ministry backs nationwide marriage age reform, says states hold final authority

Malaysia

Johor polls: UMNO asserts independence from federal Unity Government agreement

Malaysia

MACC - MOF deepen alliance to pursue high-profile graft cases and asset recovery

Malaysia

EPF to shut all remittance counters nationwide from July 1 in major digital services push

Malaysia

J-KOM files police report against Albert Tei over repeated protests at Comms Ministry

Malaysia

Hannah Yeoh defends unity government model, says leadership is about cooperation, not exclusion

Malaysia

Rohingya issue requires regional, multi-agency approach, says Deputy IGP