KL-Singapore High Speed Rail among mega projects to be reviewed — Azmin
PUTRAJAYA: The government will review mega projects and projects which have been approved by the previous administration, said Economic Affairs Minister, Datuk Seri Mohamed Azmin Ali.
He said some of the projects would need to be reviewed in terms of their viability, as some were hastily executed in the run up to the 14th General Election recently.
“We will see if they are beneficial or otherwise, as we also have to consider the legal implications if the projects are halted,” he told reporters yesterday.
Mohamed Azmin had reported for duty at 7.45am here YESTERday, and held a briefing with officers from the Economic Planning Unit (EPU) and the Prime Minister’s Department.
“We want to revisit all mega projects approved by the previous administration and we will also want to renegotiate the terms, but if the projects have not been carried out, we will only focus on those which will have a direct impact on the people,” he said.
He added that the projects to be reviewed included the East Coast Rail Link and the Kuala LumpurSingapore High Speed Rail.
“We need to look at what happened and we want to make sure that the whole process is transparent and open. Let me sit down with the relevant authorities and agencies before we decide what to do next.
“We must be open and very transparent in procurement processes,” Mohamed Azmin said.
He said that the country’s debt level was a major concern for the new administration.
“We have discussed about it this morning and we need to look at factors which contributed to this huge, almost RM1 trillion debt.
“Part of it was because the process was not transparent and open, and most of the major projects was not budgeted in the national budget, it was offbudget,” he added.