Reports by MARTIN CARVALHO, RAHIMY RAHIM and TARRENCE TAN
A BRIDGE connecting Labuan to mainland Sabah will be built through the private finance initiative (PFI), says Federal Territories Minister Tan Sri Annuar Musa.
He said the ministry and Works Ministry were in the process of finalising the terms of reference for the “request for proposal” (RFP) process to build the bridge.
“The proposed bridge construction project will be implemented through public-private sector collaboration and via privatisation.
“This cooperation can ensure smooth and transparent implementation of the project through competitive bidding, ” he said in response to Datuk Rozman Isli (Warisan-Labuan) who asked whether financing for the bridge construction would be borne by the government or PFI.
Annuar said the public-private partnership project could help develop the economy through private investment and reduce the government’s burden, as well as give the best value to the government.
He added that the ministry expected the terms for RFP to be submitted by interested companies before the end of this year.
“It will then take about six to eight months to complete the RFP documents in detail to enable bidding.
“By September next year, the bidders will be evaluated and it is expected that in October, we will be able to finalise which method will be used and which company chosen to build the bridge, ” he said.
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