Examples of using Pipeline projects in English and their translations into Malay
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He said money for 80 per cent of the pipeline projects were paid but the work completed was only 13 per cent.
SSER was set up to undertake the Multi-Product Pipeline andthe Trans-Sabah Gas Pipeline projects.
When Mahathir's government suspended the pipeline projects last August, it also halted the East Coast Rail Link(ECRL).
Examples of reclassified items are payments to Prasarana for LRT construction andto Suria Strategic Energy Resources for the gas pipeline projects.
The seizure came almost a year after Malaysia suspended the two pipeline projects, worth US$2.3 billion with CPP as the lead contractor.
Lim said the pipeline projects in Sabah were among many infrastructure projects that have incurred a huge debt load for the government given its dubious nature.
The seizure comes nearly a year after Malaysia suspended two pipeline projects, valued at US$2.3 billion, on which CPP was the lead contractor.
Examples of reclassified items are payments to Prasarana for LRT construction andto Suria Strategic Energy Resources for the gas pipeline projects.
In return, Malaysia offered lucrative stakes in railway and pipeline projects for China's One Belt, One Road programme of building infrastructure abroad.
The products are widely applied in petroleum, chemical industry, natural gas, electric power, metallurgy, pharmacy, pulp& paper,urban construction and long transportation pipeline projects.
The deals include the East Coast Rail Link and Trans Sabah Gas Pipeline projects, which were reportedly to be financed at above-market values to generate excess cash for other needs.
Singapore's Straits Times(ST) citing sources said Putrajaya had reportedly seized more than RM1 billion of funds held by CPP,amid a dispute involving billion-ringgit pipeline projects in Sabah that was suspended since last year.
The engineering, procurement, construction and commissioning(EPCC) contract for two pipeline projects and other associated contracts amounting to RM10.4 billion have been terminated, says Finance Minister Lim Guan Eng.
Mahathir's responses to questions from reporters confirmed a news report that the government had taken back more than 1 billion ringgit($243 million)held by CPP amid a dispute involving the pipeline projects, located in the western part of peninsular Malaysia and Sabah state.
Malaysia has taken back more than U.S. $243 million from a Chinesestate company to cover the portion of gas pipeline projects that Kuala Lumpur had paid for but were never completed, Prime Minister Mahathir Mohamad confirmed Monday.
Najib said that he and Chinese Premier Li Keqianghad witnessed the signing of the memorandum of understanding(MOU) for the pipeline projects along with other projects while he was in Beijing on May 14, 2017.
SSER is a subsidiary of the Ministry of Finance(MoF) which reportedly paid RM8.3 billion,or 88 percent of the RM9.4 billion EPCC contract for two pipeline projects, namely the Multi-Product Pipeline(MPP) and Trans-Sabah Gas Pipeline(TSGP), despite only 13 percent of unaudited and unverified work being completed.
Najib said that he and Chinese Premier Li Keqianghad witnessed the signing of the memorandum of understanding(MOU) for the pipeline projects along with other projects while he was in Beijing on May 14, 2017.
As a result of the cancellation, CPP will re-assign staff, local and foreign,previously designated to the pipeline projects to other ongoing CPP projects in Malaysia and in other parts of the world.
It was reported that Malaysia had seized more than RM1 billion from abank account of state-owned CPP over incomplete pipeline projects, namely stretching 600 km along the west coast of Peninsular Malaysia and 662 km in Sabah.
When the projects were suspended in July 2018, reports surfaced that Mahathir was investigating to determineif Najib's government had used funds earmarked for the pipeline projects to pay off debt incurred by state fund 1Malaysia Development Berhad(1MDB).
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In a separate case, the MACC froze 17 bank accounts, totalling RM5.5 million,over alleged abuse of power in a multi-million-ringgit oil pipeline project.
MIRI: An explosion ripped apart a portion of theRM3bil Sabah to Sarawak interstate gas pipeline project at the stretch between Lawas town and Long Sukang in the northern most district of Sarawak on Tuesday.