KUALA LUMPUR: Seventy per cent or RM9.5bil worth of government contracts awarded to private contractors last year could not be delivered on time, says Works Minister Datuk S. Samy Vellu.
Of the RM23.5bil total government contracts implemented last year, about 70% or RM16.5bil were awarded to private contractors and from this total, only 30% or RM7bil contracts were successfully completed by the private contractors, he said when opening the construction industry CEOs roundtable here yesterday.