Tuesday, August 21, 2007

Screwing Dubai in PKFZ, still hope they'll come to IDR?

Public Accounts Committee chairperson Shahrir Samad expressed fears that the fiasco that is the PKFZ will have a spillover effect on the Iskandar Development Region (IDR) down south. The same group of Dubai based investors being wooed by the government will either have invested in the Jebel Ali Free Zone (Jafza), or have close business links with others who have invested there. And we all know now how PKFZ's owner Port Klang Authority (PKA) have screwed Jafza which eventually pulled out of a 15-year contract to manage and market PKFZ. And nothing beats word of mouth in business, whether it's positive or negative. Meanwhile, The Sun has dug up more shit on this mega fiasco called the PKFZ. But will the government do anything about it? Of course it will! Bail it out using taxpayers' money to the tune of billions of ringgit, and the perpetrators will get off scot free! Malaysia Boleh!

No comments: