Finance Minister: No plans to reopen LRT3 tender
- 6 years ago
Finance Minister Lim Guan Eng said the government has no plans to reopen the tender for the LRT3 project as the compensation fees are too high.
“In terms of compensation we have to pay, it is more than RM4.2 billion if we want to call for open tender again. This is not a cost we can bear.
“Because the compensation fees are so high, it is not suggested that we reopen this tender,” Lim said during Minister Question Time in the Dewan Rakyat today.
He was responding to a question by Reezal Merican Naina Merican (BN-Kepala Batas) who had asked whether the Pakatan Harapan government would re-open the tender for the project.
Reezal then pointed out that the project delivery partners (PDP) had failed to keep the cost of the LRT3 at RM9 billion, which was the original cost at the time the deal was inked.
“In terms of compensation we have to pay, it is more than RM4.2 billion if we want to call for open tender again. This is not a cost we can bear.
“Because the compensation fees are so high, it is not suggested that we reopen this tender,” Lim said during Minister Question Time in the Dewan Rakyat today.
He was responding to a question by Reezal Merican Naina Merican (BN-Kepala Batas) who had asked whether the Pakatan Harapan government would re-open the tender for the project.
Reezal then pointed out that the project delivery partners (PDP) had failed to keep the cost of the LRT3 at RM9 billion, which was the original cost at the time the deal was inked.