CHIEF Minister Lim Guan Eng rapped the Federal Government for providing RM36bil in gas subsidies for 10 independent power producers (IPP) since 1997 but not RM4.7bil to implement mega projects in Penang.
“It can fulfil promises made to IPPs but cannot fulfil people-centric projects for the benefit of Penangites. “Is this fair especially since the IPPs are raking billions of ringgit in profits?” he asked when winding up his speech on the motion urging the Federal Government to reinstate three mega projects in the state totalling RM4.7bil. They are the monorail, Penang Outer Ring Road projects and expansion of the Mengkuang Dam.
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