Bumi con­trac­tors to get 45pc of LRT3 con­tracts

New Straits Times - - News -

KUALA LUMPUR: Qual­i­fied Bu­mi­put­era con­trac­tors stand to get about RM4 bil­lion worth of projects in the devel­op­ment of the Light Rail Tran­sit 3 (LRT3) in the Klang Val­ley here.

Prime Min­is­ter Datuk Seri Na­jib Razak said the amount was 45 per cent of the RM9 bil­lion to­tal cost of the LRT3 project.

He said the award for Bu­mi­put­era con­trac­tors would be based on merit and come un­der an ini­tia­tive called “Carve Out and Com­pete”, which is run by the Bu­mi­put­era Agenda Steer­ing Unit (Ter­aju).

“They will not be dis­trib­uted on whim and fancy,” he said at the pre­sen­ta­tion of a mock cheque of RM5 mil­lion from Cap­i­tal Mar­ket Devel­op­ment Fund to Bu­mi­put­era Dealer’s Rep­re­sen­ta­tive Ed­u­ca­tion Fund at Par­lia­ment here yes­ter­day.

Na­jib said the ini­tia­tive pro­vided op­por­tu­ni­ties to Bu­mi­put­era en­trepreneurs to progress and be com­pet­i­tive.

“The LRT3 is a na­tional in­fra­struc­ture project, which is ex­pected to cre­ate a big im­pact on the Klang Val­ley.

“In tan­dem with this, Bu­mi­put­era com­pa­nies should be em­pow­ered with an equal op­por­tu­nity to raise their ca­pac­ity and com­pe­tence,” he said.

Na­jib said un­der the LRT3 project, Bu­mi­put­era con­trac­tors from grades G2 to G7 could par­tic­i­pate in var­i­ous com­po­nents, in­clud­ing sys­tems and civil works, con­struc­tion of fly­overs and train sta­tions, and the sup­ply of build­ing ma­te­ri­als.

He said this was the de­ci­sion reached at the Bu­mi­put­era Eco­nomic Coun­cil’s meet­ing, which he chaired ear­lier yes­ter­day.

He said the busi­ness op­por­tu­ni­ties in LRT3 were the re­sult of co­op­er­a­tion of Prasarana Malaysia Bhd and Ge­orge-Kent as a “project de­liv­ery part­ner”, and sup­port from Ter­aju and agen­cies un­der the Works Min­istry.

“I am proud of all quar­ters in­volved in im­ple­ment­ing the ‘Carve Out and Com­pete’ ini­tia­tive. I have been told that the ini­tia­tive has at­tained a value of RM50.8 bil­lion through var­i­ous mega projects which have been iden­ti­fied.”

For ex­am­ple, Na­jib said the to­tal projects for Bu­mi­put­era con­trac­tors in the Mass Rail Tran­sit Line 1 and 2 ex­ceeded 45 per cent, or RM22.4 bil­lion.

As for the Sarawak Pan Bor­neo High­way, Bu­mi­put­era com­pa­nies were awarded RM8 bil­lion worth of works, or 53 per cent of the to­tal value of the project.


Prime Min­is­ter Datuk Seri Na­jib Razak chair­ing the Bu­mi­put­era Eco­nomic Coun­cil’s meet­ing in Kuala Lumpur yes­ter­day. With him is Deputy Prime Min­is­ter Datuk Seri Dr Ah­mad Zahid Hamidi.

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