Semambu state assemblyperson Lee Chean Chung today questioned state-owned firm Pahang Technology Resources Sdn Bhd's involvement in a RM500 million joint-venture project despite it having a poor track record.

Lee was referring to PTR's joint venture with Maximum Concept Green Technology Sdn Bhd to build an integrated waste management system using green technology as revealed in a Pahang state assembly written reply.

The project is spearheaded by the joint-venture vehicle Pahang Asia Biomass Sdn Bhd and will be developed over 10 years.

Lee pointed out the first series of the 2014 auditor-general's report 2014 had said that PTR was plagued by weak management.

It added as of 2013 the company had suffered five consecutive years of losses totalling RM2.12 million.

Lee called for a white paper to be published on PTR to revive confidence in the company as it embarks on the latest project.

"I don't expect the rakyat will have confidence in this venture unless a white paper is presented in the House detailing PTR's current investment," he said in a statement.

Lee also urged Pahang Menteri Besar Adnan Yaakob to explain PTR's management woes as he was the company's chairperson.

Lee said Adnan's admission that PTR had ventured into the oil palm plantation sector for revenue did not bode well for a supposedly technology company which has not performed well.

As such, he said the Pahang government's move to grant 216.9 acres of land in Ulu Luit for the integrated waste management joint-venture project did not inspire confidence.