SARAWAK Hidro, the manager of the construction of the Bakun hydroelectric dam, has sought a RM2.5bil loan from the Employees Provident Fund (EPF) to prevent the project suffering further delays, industry sources said yesterday.
“It needs the money urgently to get construction up at full speed,” one source said. “The project is already about six months behind time, and if financing cannot be obtained soon, it’s going to hit trouble all over again.”
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