KUALA LUMPUR: The 12th Malaysia Plan (RMK 12) project expenditure from 2021 to 2023 reached RM231.920bil, surpassing the approved allocation of RM222.756bil for the period, according to the Auditor-General's Report.
This amount represents 55.9% of the total RM415bil ceiling allocation for RMK 12 project implementation.
As of Dec 31, 2023, the performance of RMK 12 development projects, involving 8,279 projects, showed that 2,442 projects (29.5%) were in the post-implementation stage, 3,404 projects (41.1%) were under implementation, and 2,323 projects (28.1%) were in the pre-implementation stage. Additionally, 110 projects (1.3%) had been cancelled or put on hold.
"The current status of RMK 12 development projects as of Aug 26, 2024 (Rolling Plan 4) shows that 1,434 projects (16.7%) are in the post-implementation stage, 3,942 projects (45.9%) are under implementation, and 3,085 projects (35.9%) are in the pre-implementation stage," said Auditor-General Datuk Wan Suraya Wan Mohd Radzi (pic).
The report also highlighted that 169 projects, or 4.3% of the projects under implementation, were behind schedule due to various issues.
"The overall performance of RMK 12 projects will only be measurable by the end of 2025. Therefore, continuous monitoring is necessary to achieve the set objectives," she added.
The Auditor-General's Office recommended that monitoring officers conduct more thorough and continuous supervision and implement immediate intervention measures to ensure that RMK 12 development projects are fully completed by the end of 2025.
