RM155 mln compensation to settle contract dispute with former Sabah Pan Borneo project partner – Minister
By DayakDaily Team KUCHING, Oct 29: The federal government paid RM155 million in compensation to Borneo Highway PDP Sdn Bhd (BHPSB) to settle disputed claims following the termination of its contract to manage the Sabah Pan Borneo Highway project in 2019, according to The Edge Malaysia. Works Minister Dato Sri Alexander Nanta Linggi said that the payment was a one-off settlement after the Cabinet, under the then Pakatan Harapan administration, decided on Dec 19, 2018, to end the project…
The Malaysian federal government paid RM155 million to Borneo Highway PDP Sdn Bhd as a one‑off settlement after terminating its contract to manage Sabah's Pan Borneo Highway project in 2019.
The termination notice was issued on 22 April 2019, ending the PDP agreement effective 22 September 2019.
BHPSB had previously received RM700.99 million, including RM66.92 million in fees and RM634.07 million in reimbursable expenses.
The settlement follows a 2018 cabinet decision to end the PDP arrangement for national interest reasons.
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KUCHING, Oct 29: The federal government paid RM155 million in compensation to Borneo Highway PDP Sdn Bhd (BHPSB) to settle disputed claims following the termination of its contract to manage the Sabah Pan Borneo Highway project in 2019, according to The Edge Malaysia.
Works Minister Dato Sri Alexander Nanta Linggi said that the payment was a one-off settlement after the Cabinet, under the then Pakatan Harapan administration, decided on Dec 19, 2018, to end the project delivery partner (PDP) agreement on the grounds of national interest.
In a written parliamentary reply to Isnaraissah Munirah Majilis (Warisan-Kota Belud) on Wednesday (Oct 29), he said the termination notice was issued on April 22, 2019, before the agreement officially ended on Sept 22 that year.
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