Malaysia

Selective tendering will save RM1.8 bil in flood mitigation project: Anwar

High current cost of RM15 bil due to directly negotiated approvals, says prime minister

Updated 3 years ago · Published on 22 Dec 2022 8:58PM

Selective tendering will save RM1.8 bil in flood mitigation project: Anwar
Datuk Seri Anwar Ibrahim (right) says governance and accountability in financial management need to be prioritised in government administration and public projects. – Bernama pic, December 22, 2022

PUTRAJAYA – A selective tendering process will enable the government to save RM1.8 billion in the flood mitigation project, according to Prime Minister Datuk Seri Anwar Ibrahim.

Anwar, who is also finance minister, said the RM15 billion allocated for the project through direct negotiation without a tender process has caused the overall cost of the project to soar.

Hence, Anwar said the Finance Ministry has been asked to renegotiate with the companies involved through selective tendering.

“Imagine the RM1.8 billion that can be saved from the RM15 billion project. This is a matter of governance, leaders must ensure that there are no leakages. It’s not politics, it’s about the people. Imagine what RM1.8 billion can make if it is returned to the hawkers. Just imagine!” he said at the National Hawkers and Petty Traders Day Convention 2022 here today.

Anwar said governance and accountability in financial management need to be prioritised in government administration and public projects.

On December 6, Anwar ordered a review of RM7 billion worth of approvals that were conducted through direct negotiation instead of a tender process. – Bernama, December 22, 2022

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