Harapan Bailed Out Trx To Prevent Sunk Cost Mof

Pakatan Harapan decided to carry on with the Tun Razak Exchange (TRX) project as it believes that it will be beneficial to the country, provided that the project is first “detoxified” from the 1MDB scandal
The decision was made also to prevent the RM40 billion mega-development from becoming a “sunk cost” - meaning a past cost that is unable to be recovered
This was the written parliamentary reply provided by the Finance Ministry to Padang Terap MP Mahdzir Khalid, who had asked what effects the TRX project had on the national economy and if it would result in losses
Elaborating, the ministry explained that the Cabinet had agreed on June 20 last year to carry on with the project and injected RM2.799 billion in financial assistance for it
“According to reasonable estimates, the RM2.799 billion grant will enable TRX to generate a return of RM5.69 billion for the government
“This government support is crucial to ensure that the money that has already been and will be invested in the project does not become sunk cost, without any returns
“It also helps to clear TRX’s name and return investor confidence in the project,” it said
However, the ministry said it had yet to determine how much of the returns from the TRX project would be used to pay 1MDB’s debts
The ministry further characterised TRX as a “strategic national project” which would be able to drive the Malaysian economy by attracting investors, creating jobs as well as making Kuala Lumpur a more competitive global destination
“This is the result of the Finance Ministry’s efforts to ‘detox’ the TRX project from being embroiled in the 1MDB scandal after (Pakatan Harapan) took over the government on May 9, 2018,” it added
This detox involved the identification and “quarantine” of elements of corruption, abuse of power and wrongdoing related to the 1MDB scandal committed by “leaders in the previous government”.
As of today, the ministry said that the TRX project was “free of corruption” and was capable of becoming a world-class development once completed
The TRX project is being developed by MOF-owned TRX City Sdn Bhd in a joint venture with Sydney-based international property group Lendlease
The 70-acre development is being built in stages, with its 17-acre lifestyle precinct “The Exchange” slated for completion in 2021. - Mkini

Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :


Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Daim Cost Of Living Housing Tolls Are Priorities For Harapan

Daim Cost Of Living Housing Tolls Are Priorities For Harapan

papar berkaitan - pada 27/5/2019 - jumlah : 71 hits
The Pakatan Harapan administration should focus on the cost of living affordable housing and reducing toll rates in its second year former Council of Eminent Persons chairperson Daim Zainuddin said today Previously they were busy with Felda...
Zahid Coming Out Stronger

Zahid Coming Out Stronger

papar berkaitan - pada 25/5/2019 - jumlah : 68 hits
WITNESSING Zahid Hamidi receiving courtesy call by former Hamas leader Khaled Mishaal and entourage in Kajang last night proved how the Umno president is much alive and kicking and of course coming on with stronger soundbite Firstly he hand...
Kit Siang Out Danced Media Just No Class

Kit Siang Out Danced Media Just No Class

papar berkaitan - pada 24/5/2019 - jumlah : 115 hits
Dato Najib challenged Lim Kit Siang for a free style debate Without the usual play hard to get by one side in any typical political debate challenge in Malaysia Najib went along to agree on all conditions set by Kit Siang but insist on the ...
Khalid Gov T S Duty To Look Out For Everyone Including Developers

Khalid Gov T S Duty To Look Out For Everyone Including Developers

papar berkaitan - pada 23/5/2019 - jumlah : 51 hits
Khalid Abdul Samad said today that it is his duty as Federal Territories minister to look out for the interests of all parties involved in the contentious Taman Rimba Kiara development project I think I ve done my job but I have to balance ...
Buka Puasa Makan Mana Jom Shell Out Bersama Nasi Kerabu Bersama Sos Nyonya Sedappp

Buka Puasa Makan Mana Jom Shell Out Bersama Nasi Kerabu Bersama Sos Nyonya Sedappp

papar berkaitan - pada 20/5/2019 - jumlah : 240 hits
hai assalammualaikumBuka Puasa Makan Mana Jom Shell Out Shell Out siapa yang tak tau kan makanan laut yang dihidangkan dia ats meja dengan hanya berlapikkan plastik dan makan beramai ramai Bulan puasa ni kalau tak tau nak makan mana jom mak...
Doe Rules Out Pollution In Discolouration Of Sg Melaka

Doe Rules Out Pollution In Discolouration Of Sg Melaka

papar berkaitan - pada 23/5/2019 - jumlah : 22 hits
The discolouration foul smell and dead fish in the was not caused by pollution but is believed to be due to the ocean current said state housing local government environment and green technology committee chairperson Tey Kok Kiew According ...
Johor Mb Left Out Of State Ppbm Lineup

Johor Mb Left Out Of State Ppbm Lineup

papar berkaitan - pada 27/5/2019 - jumlah : 116 hits
Johor PPBM chief Mazlan Bujang today announced the state chapter s new lineup of which does not include Menteri Besar Dr Sahruddin Jamal Mazlan said that Sahruddin rejected the offer to retain his post as the state party s secretary on the ...
Keep Religion Out Of Education System

Keep Religion Out Of Education System

papar berkaitan - pada 30/5/2019 - jumlah : 66 hits
The mind once enlightened cannot again become dark Thomas PaineLim Kit Siang in 2017 attempting to put a positive spin on the Islamisation process said the DAP supports the Islamisation process in Malaysia if done through the Constitution H...
Johor Harapan Slipping Back To Old Bn Ways Of Giving Away Land

Johor Harapan Slipping Back To Old Bn Ways Of Giving Away Land

papar berkaitan - pada 13/5/2019 - jumlah : 86 hits
Veteran newsman A Kadir Jasin today claimed that the Pakatan Harapan led Johor government is slipping back to the old BN ways of giving away land to royalty Kadir said that while BN caving into to such pressure was unsurprising it is concer...
Shuib Bukan Berniat Menunjuk Nunjuk Tapi Mahu Kongsi Apa Yang Saya Suka

Bahaya Simpan Ais Bersama Bahan Mentah

Home Improvement 3d Wallpaper For Ceiling Walls 3d Decorative Wall Paper Background Painting

Apa Ada Dalam Teknologi Sony Play Station 5

Puding Jagung Tradisional Resepi Kampung

Sebab Sebab Perceraian

Seluar Hiking Bundle Muar Dan Outdoor Parit Sulong

Pembedahan Bariatric Prosedur Paling Selamat Atasi Masalah Berat Badan Yang Melampau

6 Filem Keluarga Yang Diharamkan Negara Tertentu

Biodata Dan Latar Belakang Penyanyi Harry Khalifah Apak

Biodata Mizan Harry Khalifah Penyanyi Lagu Keluhan Hati

5 Buku Propaganda Politik Dunia Yang Paling Popular

8 Perkara Yang Diwarnakan Dengan Alasan Tersendiri

Madagascar The Musical Datang Ke Malaysia Disember Ini

5485 Aktiviti Simposium Persaingan Setara Dan Kos Sara Hidup Ppim 12 11 2019

Bangzi Hikmat Dan Jip Askar

Kereta Anti Kemalangan Oleh Volvo

Sebahagian Malaysia Akan Hilang Daripada Peta Dunia Menjelang Tahun 2050

Peguam Umno Cabar Kewujudan Sekolah Vernakular