KUALA LUMPUR, Jan 28, 2016:
Major infrastructure projects would not be affected by the Budget 2016 recalibration, Finance Ministry secretary-general Tan Sri Dr Irwan Serigar Abdullah said today.
He said projects such as the Mass Rapid Transit and Light Rail Transit as well as others would go ahead because some were privately financed, while others would be done through infrastructure funding from the government’s budget.
“So there is minimal government allocation involved.
“But projects with substantial government involvement like the Pan-Borneo highway will go ahead as planned.
“So we are not cutting projects with high-multiplier impact,” he said when met after Prime Minister Datuk Seri Najib Razak announced the budget recalibration at the Putrajaya International Convention Centre here today.
Irwan reiterated that no projects had been cut as a result of the recalibration.
“Lets say if they (projects) don’t need the money quickly, in terms of cash flow, we will try to rearrange or look at projects which involve the purchase of land.
“Even when it comes to projects for constructing buildings which will take two to three years, we will try to readjust and re-prioritise their start.”
However, he said schools, hospitals and roads as well as electricity supply projects would go ahead as planned.