PETALING JAYA: Just two weeks after the mini-budget was tabled in Parliament, the Government will award RM3.202bil worth of projects this week.
Deputy Prime Minister Datuk Seri Najib Tun Razak said RM1.3bil would be used to improve, upgrade and develop facilities and infrastructure in 322 schools, while another RM95.5mil worth of projects would be awarded for the rehabilitation and improvement of police stations.
“The awarding of these projects so soon after the mini-budget was tabled in Parliament shows the seriousness of the authorities in dealing with the global crisis which has also affected Malaysia.
“It is also proof of the Government’s serious concern for the people’s wellbeing and to stimulate private sector activity and confidence,” he said in a statement yesterday.
Najib, who is also Finance Minister, added that projects identified under the first stimulus package were being speeded up to benefit the people, and were monitored by the project management unit (PMU) headed by its chief operating officer Datuk Mohd Othman Zainal Azim.
The first economic stimulus package of RM7bil was announced on Nov 4 last year, while the second RM60bil package was announced on March 10.
To date, 16,386 projects worth RM1.67bil under the first stimulus package have been awarded and implemented.
The development of the RM234mil HP IT Campus in Cyberjaya is under way.
A total of 30 interns for the Graduate Employability and Attachment Training Programme were being interviewed.
By the end of next month, all the 38,000 projects under the first stimulus package were targeted to be rolled out and expected to be completed by August.
“We are committed to ensuring speedy implementation of the projects to help the people and businesses ride out the difficulties brought on by the global economic crisis,” said Najib.
He said the PMU, together with the implementation and coordination unit and other relevant agencies, had also been tasked with monitoring the second stimulus package.
In addition, a technical committee, which reports to Najib and is chaired by the Treasury secretary-general, has been set up to monitor the implementation of projects under the stimulus package.
Source : The Star