KL ten­der ‘de­ters’ lo­cal firms

The Straits Times - - BRIEFING -

The ten­der for the third phase of Malaysia’s MRT sys­tem has sur­prised in­dus­try an­a­lysts as it ef­fec­tively rules out Malaysian com­pa­nies due to hefty fi­nanc­ing re­quire­ments. Some crit­ics sug­gest it is de­signed to al­low Chi­nese gov­ern­ment-linked con­trac­tors with deep pock­ets to win.


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