UMNO/BN 101

Wow...spend 600 million ringgit, make 15 billion ringgit...no tender, no nothing...I also want!

KUALA LUMPUR, Nov 23 — The DAP has urged the Najib administration to have an open tender for the proposed Matrade expo centre in Jalan Duta after the controversial RM628 million project was given to Naza TTDI in a building-for-land deal.

Petaling Jaya Utara MP Tony Pua said today documents for the project should be declassified if the government fails to re-tender the new expo centre, echoing a similar statement from party leader Lim Kit Siang.

“We call upon Datuk Seri Najib Razak to re-tender the project to select the best contractor or developer who could provide the highest level of services at the lowest possible price in the shortest possible time to ensure that the interest of the government is fully protected," Pua told reporters in Parliament.

Naza-TTDI, a unit of the diversified Naza group, will build the expo centre on a 13.1-acre site in Jalan Duta in exchange for 65 acres of state land at RM226 per square feet (psf) although the market value of the land could reach RM1.5 billion. The entire project will have a gross development value of RM15 billion, the developers said last week.