Development projects pushed to 2020 due to delay in allocations

Development projects pushed to 2020 due to delay in allocations thesundaily LimGuanEng economy development Malaysia

: There will be twice as many development projects next year than planned for, thanks to a delay in the allocation of funds for this year’s projects.Finance Minister Lim Guan Eng attributed the “double barrel” increase in the number of projects to the late distribution of allocations to the government agencies.

Lim said the agencies only began preliminary design, basic work and training after receiving the money, but the tender process only began in September or October. He agreed that such delays were unnecessary so the federal government was identifying the problem to ensure this would not happen again.

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