'No flip-flop in termination of IWC-CREC's Bandar M'sia deal'

comments     Published     Updated

There was no flip-flop in the termination of the Iskandar Waterfront Holdings (IWH) and China Railway Engineering Corp (CREC) consortium's 60 percent stake in Bandar Malaysia, a minister said.

Minister in the Prime Minister's Department Abdul Rahman Dahlan said Johor-China consortium can also still bid to become the master developer of Bandar Malaysia.

"During his trip to Beijing, the PM (Najib Abdul Razak) has made it clear that the new consortium can include the previous consortium players. They can still participate, as long as the numbers are okay...

For the rest of this story and more, subscribe for only RM150 a year (full news access)
or RM420 a year (full news + full archive access). If you're already a subscriber, please sign in.

Sign in Subscribe now

news and views that matter

Sign In