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

  • 📰 msianinsight
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

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.

Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

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 UK
 

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

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines