Malaysia

[UPDATED] 30 cancelled projects won’t have domino effect on economy: Tok Pa

There are some 7,000 other approved ones, says minister

Updated 4 years ago · Published on 21 Jul 2022 2:51PM

[UPDATED] 30 cancelled projects won’t have domino effect on economy: Tok Pa
Datuk Seri Mustapa Mohamed says that the projects, valued at RM100 million, have not started and no open tenders have been advertised. – Bernama pic, July 21, 2022

by Danial Dzulkifly

KUALA LUMPUR – Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed has assured that the 30 cancelled government projects would not have a “domino effect” on the economy.

The Jeli MP reiterated that the projects, valued at RM100 million, have not started and no open tenders have been advertised.

He briefly explained that the 30 cancelled projects were few compared with some 7,000 other approved government development projects

“There will not be any concern of a domino effect on the economy.

“Projects that have received their LOA (letters of agreement), for example, will proceed,” he told the press after the launch of Google’s Gemilang at its headquarters here today.

Earlier, Mustapa told the Dewan Rakyat that the postponed projects will not include priority projects such as the Mass Rapid Transit Line, the Pan Borneo Highway, and East Coast Rail Link.

“Only 30 projects, which involve the cost of RM100 million, will be postponed. It’s only a small amount.

“There will be an engagement session held by the Economic Planning Unit, Finance Ministry, and Public Works Department with all the ministries to discuss measures, if need be, to ensure the well-being of the people.

“These are all works in progress. The engagement period will be continued next week,” said Mustapa to a query posed by Lembah Pantai MP Fahmi Fadzil during Question Time.

Mustapa also said the RM100 million cost of a project is a small sum compared to the RM75 billion development budget earmarked for this year.

When pressed further on whether the government is considering cutting the wages and allowances of high-ranking public servants, including cabinet members, Mustapa said the matters have yet to come to their attention.

“So far the issue has not been brought up (in cabinet meetings),” he said. – The Vibes, July 21, 2022

Related News

Business / 3y

DoSM records 2.4 mil foreigners working in M’sia as of June

Business / 3y

M’sia continues to lead global halal economy: Mustapa

Business / 3y

M’sia needs integrated policy on SME digitalisation: Mustapa

Malaysia / 3y

Stop being in denial on impact of dwindling ringgit: Guan Eng slams Tok Pa

Malaysia / 3y

Expedite setup of MyMudah units in govt to reduce red tape: Tok Pa

Business / 3y

Budget 2023 to focus on economic recovery, sustainable growth: Mustapa

Spotlight

Malaysia

Documents reveal British royal charity attempted to ‘doctor’ evidence in SLAPP action

Malaysia

MMA asks why FDS aircraft cannot match those used by ministers

Malaysia

Penang-born woman dies in Perth after alleged domestic violence assault

Malaysia

No senior UMNO leaders to be arrested after PAU – MACC

Malaysia

Hng’s 31-year Gerakan exit puts focus on political direction

By Alfian Z.M. Tahir

Malaysia

Man held after social media claim he solicited alms while carrying parang

Malaysia

Volcanic escalation on Java a threat of potential regional chaos

Malaysia

Anwar surprised by Najib's new pardon attempt

You may be interested

Malaysia

Najib’s pardon application deferred

By Alfian Z.M. Tahir

Malaysia

Fahmi: 65,280 scam, illegal gambling posts still online despite MCMC takedown requests

Malaysia

Zahid to seek answers from Negeri MB over alleged coerced declaration against Ruler

Malaysia

Negeri MB says he was forced to sign Tuanku Muhriz removal document

Malaysia

Guan Eng hands recommendations to PM to boost unity, integrity between West, East Malaysia.

By Ian McIntyre

Malaysia

No senior UMNO leaders to be arrested after PAU – MACC

Malaysia

Pardons Board meeting puts Najib Razak's house arrest bid under scrutiny

Malaysia

Lawyer denies Abdul Azeez chose to appear in lock-up uniform, handcuffs