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NAYPYITAW (Reuters) - Myanmar has scaled back plans for a Chinese-backed port on its western coast, sharply reducing the cost of the project after concerns it could leave the Southeast Asian nation heavily indebted, a top government official and an advisor told Reuters.
PETALING JAYA: DAP's Tony Pua has urged former prime minister Datuk Seri Najib Tun Razak to "stop feigning innocence" over the inflated RM31.65bil Light Rail Transit line 3 (LRT3) project.
KUALA LUMPUR: The Penang government has to show evidence that it did not break procurement guidelines when it awarded the proposed undersea tunnel project to an “undercapitalised” company, said Barisan Nasional Strategic Communications team.
ALOR SETAR: The decision by the Department of Environment (DoE) to issue a stop-work order to the developer of a RM1.2bil coastal reclamation project dubbed “The Dubai of Malaysia” in Kuala Kedah is a good move, says environmentalist group Sahabat Alam Malaysia (SAM).
ALOR SETAR: The implementation of the proposed Yan Petroleum Industrial Zone (Zipy) needs concerted efforts from all involved to ensure the success of the ambitious project.
KUALA LUMPUR: Minister in the Prime Minister's Department Datuk Seri Mohamed Nazri Abdul Aziz told the High Court here Monday, that many members of the Cabinet were against the Port Klang Free Zone (PKFZ)project.
KUALA TERENGGANU: The Kuala Terengganu City Centre (KTCC) project is expected to draw some RM5bil in domestic and foreign investments upon its completion in 2018.