ID :
188883
Thu, 06/16/2011 - 05:09
Auther :
Shortlink :
https://oananews.org//node/188883
The shortlink copeid
APPROVAL ON PUBLIC-PRIVATE PARTNERSHIP PROJECTS SHOULD BE EXPEDITED
All approvals related to the public-private partnership projects, privatisation and funds conducted by the Public-Private Cooperation Unit (UKAS), should be expedited.
The Chief Secretary to the Government, Mohd Sidek Hassan, said that the private sectors' investment commitment would be meaningless if it were not followed up by the actual investment.
"This is in line with the government's approach under the New Economic Model that focuses on the private investment as a key national economic driver," he said at the UKAS Outstanding Service Award ceremony in conjunction with the UKAS second anniversary, here, Wednesday.
Also present was UKAS director-general Dr Ali Hamsa.
He said a major milestone was achieved when UKAS managed to get a commitment for an investment of RM40 billion (US$13.147 billion) this year.
Mohd Sidek said that achievement had exceeded the target of RM30 billion set for the public-private partnership projects, privatisation and funds.
He said public sector also had to practise innovativeness to gain new ideas for making a innovations.
"This practice will give a lot of implications particularly to improve efficiency and cost savings as well as enhance our national competitiveness in the world market," he said.
The Chief Secretary to the Government, Mohd Sidek Hassan, said that the private sectors' investment commitment would be meaningless if it were not followed up by the actual investment.
"This is in line with the government's approach under the New Economic Model that focuses on the private investment as a key national economic driver," he said at the UKAS Outstanding Service Award ceremony in conjunction with the UKAS second anniversary, here, Wednesday.
Also present was UKAS director-general Dr Ali Hamsa.
He said a major milestone was achieved when UKAS managed to get a commitment for an investment of RM40 billion (US$13.147 billion) this year.
Mohd Sidek said that achievement had exceeded the target of RM30 billion set for the public-private partnership projects, privatisation and funds.
He said public sector also had to practise innovativeness to gain new ideas for making a innovations.
"This practice will give a lot of implications particularly to improve efficiency and cost savings as well as enhance our national competitiveness in the world market," he said.
