Government to access €400m of unspent capital for NDP projects | Business Post

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 71%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The government is to deploy a war chest worth hundreds of millions of euro to keep the state’s landmark National Development Plan on track this year after agreeing to share the burden of soaring construction costs with contractors.

Michael McGrath, the Minister for Public Expenditure, announced that the state would pay 70 per cent of the construction cost inflation on recently signed public works contracts to safeguard key projects

Michael McGrath, the Minister for Public Expenditure, last week announced that the state would pay 70 per cent of the construction cost inflation on recently signed public works contracts to safeguard key projects, with contractors...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SVHG medical board urges government to approve new maternity hospital this week | Business PostThe move comes ahead of the cabinet’s meeting on Tuesday where ministers are expected to give the go-ahead to the €800 million-plus project, despite calls from the opposition for further debate 🥱
Source: businessposthq - 🏆 8. / 71 Read more »

The maternity hospital land war: a battle between principles and pragmatism | Business PostFirst mooted in 2013, the relocation of the National Maternity Hospital from Holles Street in Dublin city centre to the St Vincent’s campus at Elm Park looks set to get the go-ahead from government, even as objectors continue to raise concerns over the move
Source: businessposthq - 🏆 8. / 71 Read more »

British moves to override NI protocol ‘illegal’, minister says | Business PostAny British attempt to override the Northern Ireland protocol through new legislation would be illegal under international law, regardless of what the British Attorney General’s office has advised, Thomas Byrne has told the Business Post.
Source: businessposthq - 🏆 8. / 71 Read more »

One in nine Ukrainian refugees working here within two months | Business PostAbout one in nine Ukrainian refugees of working age has found a job since arriving in Ireland, new figures show. More than half of the 1,994 who have found employment are working in pubs, restaurants and hotels.
Source: businessposthq - 🏆 8. / 71 Read more »

Ronan to fight ‘unthinkable’ sale of prize property assets | Business PostJohnny Ronan has vowed to fight the sale of prize assets in his property empire after receivers moved to list them last week, the chief executive of his real estate group has told the Business Post. You weren't too concerned with the wellbeing of the creditors so why should they consider your interests?
Source: businessposthq - 🏆 8. / 71 Read more »

Combined incomes of €100,000-plus required to buy Croí Cónaithe apartments | Business PostHouseholds will require an income of more than €100,000 to buy the two-bed apartments anticipated to go on the market, priced at €390,000, under a new government scheme subsidising the cost of building, the Business Post has learned.
Source: businessposthq - 🏆 8. / 71 Read more »