$15 billion for 880 projects. Tenders will be called soon. Now the 9th Malaysia Plan is gearing to go. Why so slow? When one plans for developments, everything must be in place. Every detail which place which state what costs will be identified. In this case they took a year to wrap up the plans but the projects must wait from the other ministries to submit. Why plan half way at all? Now the country planned developments are in the region of $200 billion for the next 5 years. As I see it, the developments won't be completed. PM says he will monitor it. I think he should go and beef up the delivery systems in the government departments. The groundwork must be on firm ground. I think he won't get it done. Though the IRB says it can collect taxes up to $60 billion for this year which will be enough to defray the costs of 880 projects, the government should plan ahead now. The internal funding will be sufficient for the next 5 years. But I think PM can complete 50% of it before his term expires and he will use it as the election gimmick for his next election.
Malaysia...good in planning bad in execution
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