OVER the last one week, a number of public-listed companies have announced contract wins. The surge is noticeable, considering that things had seemingly slowed down since the formation of the new government.
The contracts are worth a total of RM4.65bil and are a mixture of government, Petroliam Nasional Bhd and private-sector contracts.
The contract announcements can be divided into two broad categories. The first is by those who have won private-sector contracts so it could be a contractor to a private developer working on its own project.
The other category is government contracts, which is the more controversial one.
Consider the case of the Gemas-Johor Baru electrified double-track rail contract. The RM12.4bil contract had been awarded in October 2016 to a Chinese consortium.