Project contractor under scrutiny

Many questions unanswered: Dr Wee has asked why many aspects of the project remains unclear.

PETALING JAYA: Questions about the controversial undersea tunnel project in Penang have continued to be raised by MCA president Datuk Seri Dr Wee Ka Siong.

He asked several questions, aimed mostly at DAP and the state government, about the company that was tasked to build the tunnel.

Consortium Zenith Construction Sdn Bhd is the main contractor of the RM6.34bil project, which will also consist of three toll-free roads estimated at RM1.07bil.

“Why are there no fines or contracts cancelled by the Penang government although the project is years late?

“Does the actual cost of the tunnel for the people really exceed RM20bil as what I calculated last year?” Dr Wee said in a Facebook posting.

The state government is paying for the mega project via a land swap of 110 acres (44.5ha) of reclaimed land in Tanjung Pinang and a toll concession for the tunnel of not less than 30 years.

The exchange has been valued at RM1,300 per sq ft based on net developed area.

Early last year, Dr Wee revealed that the value of the land was at such a figure.

The Ayer Hitam MP also questioned why the Attorney General’s Chamber had yet to take any action based on the six investigation papers by the Malaysian Anti-Corruption Commission on the undersea tunnel project.

“I have explained that the value of the land along the Gurney Drive beach is among the most expensive in Penang and this value is appreciating.

“This means that every time the undersea tunnel project is delayed, the concessionaire will benefit while the actual cost of the project to Penangites is rising and will become more expensive compared to the RM6.3bil,” he said, adding that Penang Deputy Chief Minister Dr P. Ramasamy previously said that the land was only RM475 per sq ft instead of RM1,300.

He said there had been reports that Maybank was assisting the concessionaire to sell part of the land as a payment for the tunnel project at RM2.83bil or RM1,300 per sq ft.

“Will the entire DAP leadership go on keeping mum about this scandal which is becoming clearer day by day?” Dr Wee asked.
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