Sarawak rolls out 6 incentives to support ailing companies undertaking govt projects | The Malaysian Insight

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Sarawak rolls out 6 incentives to support ailing companies undertaking govt projects

Sarawak Premier Abang Johari Openg says the Sarawak government’s Variation of Price reflects 'accurate current market sentiments pertaining to the price fluctuation of materials.' – The Malaysian Insight file pic, February 8, 2023.

TO MINIMISE or eradicate critically delayed state infrastructure projects, Sarawak Premier Abang Johari Openg today unveiled six incentives to assist contractors with their project cash flow ensuring a “win-win” situation for all parties. Abang Johari said with regards to the Variation of Price list introduced on September 26, 2021, the Sarawak government “in its stance to safeguard the interest of the industry and the region’s economy” had approved the advance payment for works contract.

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