Highway takeover to have limited impact on Sarawak
PETALING JAYA: The government’s plan to take over the Pan Borneo Highway in East Malaysia is expected to have limited impact on contractors already working on the Sarawak portion of the project.
However, the Sabah portion of the 706km highway will likely see further delay, according to Kenanga Research.
“We believe it would have minimal impact to the existing work package contractors for Pan Borneo Sarawak, as most of the work packages are awarded and progressing well but it could further impact the timeline for Pan Borneo Sabah, as some of the work packages are not awarded yet,” the brokerage said in a report.
It said this in response to a news report that the Federal government would take over Pan Borneo from the existing project delivery partner.
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