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PRIME Minister Datuk Seri Abdullah Ahmad Badawi's plan to leave office in March next year may further delay the completion of the second Penang Bridge project, said Lim Guan Eng (DAP - Bagan).
The sharp drop in crude palm oil (CPO) prices, rising cost of raw materials and burdensome taxes have resulted in the cost of production (COP) escalating among local plantation players, hurting smaller and newer plantation companies, especially those from Sarawak.
A meeting of the Cabinet Committee on Palm Oil Competitiveness, scheduled for yesterday, has been put off till end of the month.
Prime Minister Datuk Seri Abdullah Ahmad Badawi's scheduled plan to leave office in March may cause a further delay to the completion of the Penang Second Bridge, says Lim Guan Eng (DAP - Bagan).
Sentiments are positive all round on the Government's decision to discontinue its windfall profit levy on independent power producers (IPPs).