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Ting Awarded RM20 miln Bakun Contract
By Reuters

22/6/2001 6:18 pm Fri

[Ting sekali lagi mendapat sebahagian daripada projek Bakun walaupun dia sudah gagal membinanya dulu. Menurut Leo Moggie pakej yang dibolot oleh Ting itu bernilai RM74.2 juta tetapi seorang jurucakap Ting mengatakan kontrek itu berjumlah RM200 juta. Perbedaan nombor ini amat ketara... Apa yang menarik Ting asyik mendapat durian runtuh bila Mahathir memegang kunci dana negara. Mahathir menyelamatkan rakyatkah atau kroni manja? Ting bukannya pakar membina empangan bagaimana dia boleh menang pula? Apakah kegagalan dulu tidak diambil kira?

Nampak jelas 'know who' mengatasi 'know how' sebagaimana yang diulas oleh Dr Jomo.
- Editor
]


http://sg.biz.yahoo.com/010621/3/14hq9.html

Thursday June 21, 8:31 PM


Malaysian tycoon awarded $20 mln Bakun contract

KUALA LUMPUR, June 21 (Reuters) - Malaysian tycoon Ting Pek Khiing has been awarded a part of the Bakun hydroelectric dam for 74.2 million ringgit ($19.5 million), Energy Minister Leo Moggie said on Thursday.

A spokeswoman for the tycoon had said earlier this month that Ting, through his private company, had won Bakun's coffer dam contract for 200 million ringgit.

"The offer letter for the 12 month contract beginning June 15 this year to June 15, 2002 has been given early this month," Moggie was quoted by the official Bernama news agency as saying.

He said six firms had bid for the contract.

A coffer dam is a watertight structure that enables underwater foundations to be built.

Ting's group of listed firms under his flagship Ekran Bhd was originally given the main development contract for the Bakun dam, but the government was forced to take back the project two years ago when Ekran ran into financial difficulties during the Asian crisis.

The government revived the Bakun dam project in April but scaled it down to a cost of $2.4 billion from $3.9 billion originally. Overseas firms have been invited to tender for jobs at the dam.

Moggie said bidding for component contracts was still going on and a number of international construction giants are talking to local firms to form consortia to bid for the contracts.

Companies involved are believed to include Siemens, Asea Brown Boveri, Alcatel, Gamuda and IJM Corp , newspapers said.