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The Asian Affairs > Latest News > Penang undersea Tunnel Project

Tag Archives: Penang undersea Tunnel Project

CZBUCG
Malaysia

CZBUCG outscored other companies through open tender over undersea tunnel project

By Katherine S
July 18, 2021
in :  Malaysia

In a Session Court hearing, it was told that Consortium Zenith-Beijing Urban Construction Group (CZBUCG) has been selected as the company to lead the Penang undersea tunnel and roads project worth RM6.3 billion after outscoring seven other companies in an open tender process after it had lobbied the Penang state government in 2011. The current section head of the Penang …

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Malaysia

Ex-finance minister Guan Eng summoned to MACC HQ

By Katherine S
July 22, 2020
in :  Malaysia

PETALING JAYA – Former Finance Minister Lim Guan Eng has invited by the Malaysian Anti-Corruption Commission (MACC), likely over the alleged RM6.3bil Penang undersea tunnel project. Former Finance Minister arrived at the MACC headquarters at 1.05pm today. He was accompanied by Puchong MP Gobind Singh Deo and Jelutong MP RSN Rayer. The MACC investigators have so far questioned several dozen …

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