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RM152b EPF investments equal cost of 50 Penang bridges, says MP

An opposition lawmaker has cried foul over the Ministry of Finance's (MOF) disclosure that the Employees Provident Fund (EPF) invested a total of RM152 billion in the United States as of June 2017.

Bayan Baru MP Sim Tze Tzin said the same amount could have been used to build 50 Penang Second Bridges, 3.5 East Coast Rail Lines (ECRL), four Kuala Lumpur-Singapore High-Speed Rails (HSR), 4.6 million units of low-cost houses and 1,000 new hospitals.

"Malaysia is making the US great again, in a big way," the PKR MP told a press conference in Parliament. "People are asking, why not make Malaysia great again?"

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