KUALA LUMPUR, July 23 (Bernama) -- The Group of NGOs Associations of
Malay Construction Cluster says the involvement of foreign contractors
should be considered only for contracts worth more than RM1 billion.
Source from (Bernama): http://www.bernama.com/bernama/v7/bu/newsbusiness.php?id=965499
Published: July 23, 2013
"The participation of foreign contractors in projects below RM1 billion
will affect local contractors, suppliers, manufacturers and construction
professional groups for small and medium enterprises.
"They will have a slim chance if even small-scale projects are grabbed
by foreign contractor companies," President Mohsen Hasbollah told a
media conference today.
Mohsen also expressed the association's concern over the ongoing
Trans-Pacific Partnership Agreement (TPPA) negotiations being held in
Kota Kinabalu currently, urging Malaysia to withdraw from the talks
immediately.
"If Malaysia signs the agreement, local contractors will be adversely
affected if contractors from advanced nations are allowed to freely
compete for construction contracts without any restrictions.
"When contractors bid for consruction projects involving SMEs, it will
shut the doors for local contractors to earn a living and open up
business access to foreign companies," he said.
Mohsen said that only foreign contractors engaged in big projects in
Malaysia that could provide exposure to new construction technology be
allowed to enter the Malaysian market.
"We want local contractors to identify the advancement in building and
construction technologies introduced by their foreign counterparts and
apply them in Malaysia," he added.
Among countries involved in the TPPA negotiations are the United States, Singapore, Canada and New Zealand.
-- BERNAMA
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