“We hope this new system (ePerolehan) can help us in executing this more efficiently in the future.”
SECOND FINANCE MINISTER DATUK SERI JOHARI ABDUL GHANI on effective execution of 2018 Budget allocations
THE Finance Ministry’s new ePerolehan procurement system will improve execution of allocations under the 2018 Budget, said Second Finance Minister Datuk Seri Johari Abdul Ghani.
The system has recorded 10.4 million transactions worth RM115.8 billion since its introduction in 2000. The updated system will go fully online and be made mandatory for all ministries and agencies starting Monday, in line with the Treasury Transformation Programme.
Johari said the new system would facilitate a more effective execution of allocations outlined in the 2018 Budget.
“We want to make sure every ringgit spent can benefit the people. We hope this new system can help us in executing this more efficiently in the future,” he said after the launch of ePerolehan, here, yesterday.
Johari said the new system would also enable the ministry to monitor all supply and services transactions made within the government.
ePerolehan is a procurement system that uses a secure online environment to enable government agencies and suppliers to perform procurement efficiently and transparently. It encompasses all types of government procurements.
Johari said the new system would also help the government collect big data, which would be used to set new policy moving forward and effectively reduce costs and time.
“The new system will enable the government to heighten its competency and efficiency in the procurement process of any government-related tenders in the future.
“It also promotes more transparency over the long term and everybody now have their fair chance to participate in the system. In addition, it is going to reduce discretionary power of any government officer in managing the procurement system,” he said.
Meanwhile, Johari said the government welcomed consultation with property developers keen to start luxury projects to prevent an oversupply of high-end properties at certain locations.
He said it would be wise for developers to conduct research on those locations.
“There are 130,000 units of oversupplied properties as of the first quarter of the year.”
Johari said developers should also refer to the Urban Wellbeing, Housing and Local Government Ministry for more information.
The government has frozen indefinitely approvals for luxury property developments of shopping malls, commercial complexes and condominiums from November 1 to control the oversupply situation.
In Bank Negara Malaysia’s latest quarterly bulletin last Friday, the central bank highlighted the high level of unsold residential properties — 130,690 unsold units in the first quarter alone.