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The Minister of Foreign Affairs states that the agreements were concluded by the Najib Razak administration and Chinese firms, and that some of these transactions must be renegotiated because they are unbalanced.
KUALA LUMPUR: Malaysia does not blame the Chinese government, signed by the previous government Najib Razak and the Chinese firms, which were heavily criticized by Pakatan Harapan (PH), Foreign Minister Saifuddin Abdullah said: [19659003] Saifuddin told the Straits Times that the "story of the campaign is still relevant". With regard to these projects, Putrajaya will seek to renegotiate the terms, referring to the attacks of PH against these megaprojects during the election campaign of May 9.
"But our position is very clear, we do not blame the Chinese government because their companies have signed an agreement or several agreements with Malaysian companies under the auspices of the government of the day." Malaysia has blocked nearly $ 100 billion RM in infrastructure spending contracted with Chinese SOEs, saying she had to revisit these expensive projects while the national debt
The PH government had also questioned the terms of these agreements, awarded without tender, such as payments based on time rather than on progress in construction.
Among the megaprojects, is East Coast Rail Link, Klang Ports to the west of Kuantan to the east before heading north to the Thai border, the new government revealed that it would eventually cost RM 81 billion, far exceeding RM 55 billion cited by previous administration leaders.
Another is the construction of two gas pipelines worth more than 10 billion RM. The contractor was paid 88% of the fee despite only completing 13% of the project.
Saifuddin told ST that Malaysia needed to negotiate, "if not all, most of the agreements that were signed". He said that if Malaysia welcomed foreign direct investment, she did not want unbalanced arrangements.
"Malaysia-China relations have existed for hundreds or even thousands of years, and it is in the interest of both countries that we do even better in terms of bilateral relations," he said. he stated, quoting:
Beijing, ST reported that she had indicated that she was willing to discuss with the administration Mahathir
cited an "aid" to Dr. Mahathir saying that the Prime Minister would visit China on August 17 and Finance Minister Lim Guan Eng was planning a trip soon.
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