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Showing posts with label High-speed rail (HSR). Show all posts
Showing posts with label High-speed rail (HSR). Show all posts

Saturday 2 June 2018

MCA had no room to say 'no', down but not out: HSR cancellation should have followed due process

In the driver’s seat: Dr Wee is widely seen to be the next to helm the party. — ONG SOON HIN/The Star

HIS office is a small room with a great view of the capital city’s central business district. Within its four corners, MCA deputy president Datuk Seri Dr Wee Ka Siong is racing against time to plan the road ahead for the embattled party.

He is now MCA’s sole Member of Parliament after winning the Ayer Hitam seat in Johor.

The party also won the Titi Tinggi and Cheka state seats.

MCA contested 39 parliamentary seats and 90 state seats in the May 9 polls. The defeat has been bruising and Dr Wee has spent the last three weeks charting the road ahead for the 69-year-old party.

“Changing government is not a nightmare, not an impossible thing and can be done overnight,” says 50-year-old Dr Wee in his first media interview after the polls.

He adds that all is not lost following the party’s worst outing, and said MCA is ready to pick up from where it fell, and evolve as a completely reformed and independent entity.

“Our party is now our priority and not the coalition like before.

“There is no more political baggage. In the past there was no room to say ‘no’ or you would be deemed as going against the coalition’s whip.

From his office on the 9th floor of the MCA headquarters in Wisma MCA, Dr Wee says his major task is to put up a team that can move forward to rebuild the party.

“I have been encouraged by people to take up the challenge to provide the leadership, and I am duty-bound to do so,” he said during an interview.

Party president Datuk Seri Liow Tiong Lai announced that he would not seek re-election at the party polls this November, and Dr Wee as his deputy and sole survivor of GE14 is widely seen as his successor.

Dr Wee, a civil engineer who joined MCA in 1992, rose to become the party’s Youth chief in 2008 and deputy president in 2013.

MCA is the second largest component party of Barisan Nasional which lost its hold on the government for the first time since Independence in 1957 following the crushing defeat in GE14.

As one of three MCA ministers in the last four years, the former Minister in the Prime Minister’s Department explains that the party, bound by the Barisan Nasional spirit, seldom spoke openly on what transpired in the Cabinet.

This, unfortunately, was perceived by people that MCA had not been able to speak up for them or do anything for them.

Dr Wee said the perception had been compounded by negative statements on MCA and the Chinese community made by other Barisan component party leaders.

Statements which openly ridiculed the Chinese community and renowned figures like Robert Kuok and even MCA as a party in the run-up to the polls were certainly damaging.

The damage control also did not help at all.

“Saying that such issues had been voiced out or dealt with in the Cabinet were grossly insufficient.

“Some justice needs to be done and seen to be done.”

Dr Wee conceded that the Barisan spirit had also turned into a form of constraint on MCA and a baggage most of the time in a modern society where people demand openness and action against issues deemed unfair to the community.

At times, he adds, this “behind closed doors diplomacy” was done with the intention of not wanting to prolong an ugly episode and also to preserve harmony in a multiracial society.

“But obviously, this did not augur well for us.”

Going forward, Dr Wee says the role of the party is how to be an effective Opposition and provide the check and balance in the new regime.

He says he believes this is what the people want from the party and what the party can do for them now that it is in the Opposition.

Dr Wee says he will also be going to the ground to identify the party’s weaknesses and drawbacks that contributed to the defeat of the party.

He points out that these constitute important feedback in the party’s bid to reform itself and move forward.

The MCA central committee – the party’s highest decision-making body – has appointed him to helm the party’s reform committee following the GE14 defeat.

Dr Wee envisages a team of young and talented MCA leaders that can take on the new role of an effective Opposition in a new set-up.

The party, he adds, can provide a platform for them.

He says universal values, public policies and the party’s core struggle will remain the foundation.

Dr Wee also says the party will be rebuilt on all levels.

For instance, he says the party will be preparing for local elections (councillors) as the Pakatan Harapan Government has been pushing for it prior to GE14.

On Chinese education and Chinese new villages, of which MCA has been the guardian since its inception in 1949, Dr Wee says he hopes the new Government can do a better job in taking care of the two institutions close to the hearts of the Chinese.

He is willing and ready to provide help and cooperate with the new Government in the two areas upon their request.

“We (MCA) do what is best for the people. We exist because of the people.”

On the scrapping of two mega projects like the High Speed Rail between Kuala Lumpur and Singapore (HSR) and MRT 3 announced by Prime Minister Tun Dr Mahathir Mohamad just 22 days after Pakatan Harapan took over Putrajaya, Dr Wee feels the decisions needed in-depth study.

On the merits of HSR, he notes that Kuala Lumpur and Singapore are the two busiest Asean cities, and boosting their connectivity would be a step in the right direction and for mutual economic growth and benefits.

He points out that there are more than 30,000 flights between the two cities a year.

The HSR was scheduled to be completed in 2026, and it would have been just a 90-minute ride between the two cities.

The 350km track, which was to start in Bandar Malaysia in Kuala Lumpur and end in Jurong East, Singapore, would have passed through stations in Putrajaya, Seremban, Melaka, Muar, Batu Pahat and Iskandar Puteri.

On the MRT 3, Dr Wee said the people are enjoying the convenience of MRT 1 and looking forward to MRT 2 which is under construction.

Like any other big city in the world, Dr Wee said, MRTs are the desired mode of transportation.

He hopes the Pakatan Harapan Government can reconsider the scrapping of MRT 3 for the sake of the eight million Kuala Lumpur folk and the development of the capital city.

By Foong Pek Yee The Star


MCA think-tank: HSR cancellation should have followed due process - Centre For A Better Tomorrow (Cenbet)

CENBET - Centre For A Better Tomorrow  says the cancellation of the Kuala Lumpur-Singapore High-Speed Rail should have been announced after the cabinet's approval in accordance to due process. – The Malaysian Insight pic by Najjua Zulkefli, June 1, 2018.


THE cancellation of the Kuala Lumpur-Singapore High-Speed Rail project should have been made by the cabinet prior to its announcement as a matter of good governance, said the Centre For A Better Tomorrow (Cenbet).

The think tank said while it supported the new government's efforts to review potentially wasteful projects and lopsided deals, such decisions should have followed due process.

"If decision on a RM110 billion mega-project can be made without stringent due process, we are worried that this may set a bad precedent in deciding other government projects.

"Such decision undermines institutional integrity which should have never been compromised for political expediency," said Cennbet co-president Gan Ping Sieu in a statement today.

Based on news reports, Dr Mahathir Mohamad's May 28 announcement to call off the project was made after chairing his party's supreme council meeting and not in his capacity as prime minister announcing a Cabinet decision.

Transport Minister Anthony Loke was also reportedly said that the matter was not discussed in a cabinet meeting prior to the Prime Minister's May 28 announcement that the project would be shelved.

"Rightfully, cancelling a project of such magnitude, involving transnational interests, ought to have gone through a more structured decision-making process. This includes preparing a cabinet paper and getting feedback from all relevant agencies and state governments," explained Gan.

He pointed out that the federal constitution was clear that the cabinet is the highest executive body and the manner in which the announcement was made contradicted the spirit of accountability and transparency pledged by the new federal government.

"The eventual May 30 cabinet decision can be perceived as an afterthought and clearly without going through sufficient consultation," said Gan.

He added that institutional decision-making process was an integral part of good governance, which Cenbet promotes.

"All major national decisions must be made by the cabinet after due process and consultation to prevent abuse of power and leakages," he added. – Bernama, June 1, 2018.

Source: The Malaysian Insight

Related post:


Chinese projects in Malaysia may stay intact

Newly-elected Malaysian Prime Minister Mahathir Mohamad has decided to scrap the Kuala Lumpur-Singapore Rail

Related:

'Cancellation of HSR should have followed due process' - Nation 


Co-president Gan Ping Sieu -CENBET - Centre For A Better Tomorrow   MCA Think Tank
MEDIA STATEMENTS Co-President Gan Ping Sieu on the Cancellation of the HSR Project
Friday, June 01, 2018
 
The cancellation of the High Speed Rail project should have been made by the Cabinet prior to its announcement, as a matter of good governance. While we support the new government's efforts to review potentially wasteful projects and lop-sided deals, such decisions should have followed due process.  >> read more




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 Malaysia scraps MRT3 project, reviews HSR, ECRL mega projects to reduce borrowings




Chinese are the unsung heroes of South East Asia, Robert Kuok Memoirs

Thursday 31 May 2018

Malaysia scraps MRT3 project, reviews HSR, ECRL mega projects to reduce borrowings

https://youtu.be/kAGJvuDRi5M  https://youtu.be/zJ8m_yMIJwg https://youtu.be/2FWWQTdszeo https://youtu.be/i2XEugxWl9A

https://youtu.be/w-GjTOUPy6U

PUTRAJAYA: The Klang Valley mass rapid transit line 3 (MRT 3 or Circle Line) project, reported to cost between RM40bil and RM45bil, will not proceed, says Prime Minister Tun Dr Mahathir Mohamad.

The MRT3 or MRT Circle Line was planned as the third MRT line for the Greater Klang Valley area.

While the MRT1 connects Sungai Buloh and Kajang, the MRT2, which is now under construction, will run from Sungai Buloh to Serdang and Putrajaya.

MRT3 was planned as a loop line to integrate the lines, with most of its stations underground.

He also said the Kuala Lumpur-Singapore High-Speed Rail (HSR) was still being studied, while a review was being done on the East Cost Rail Link (ECRL).

He said Malaysia was open to re-considering its decision on the HSR if Singapore could convince Malaysia to proceed with it.

He said the Cabinet had agreed for the rail project to be scrapped, but it would also depend on discussions with Singapore.

“We want to do this as it has high financial implications. But we will listen to them (if Singapore wants to proceed). They are our good partners,” he told the media after chairing the Cabinet meeting yesterday.

He explained that Malaysia needed to reduce its borrowings, hence the decision to scrap HSR and review other mega projects that cost billions of ringgit.

“We have borrowed too much money. If this country is to avoid bankruptcy, we must learn how to manage our big debts by doing away with projects that are not beneficial to the country,” he added.

Later, at a buka puasa event at Putrajaya International Convention Centre, he said the money spent on the HSR project did not justify the number of jobs it could generate.

“If you are going to spend RM60bil to RM100bil so that thousands of people can work, that’s not very efficient,” he said in response to a Facebook post by former prime minister Datuk Seri Najib Tun Razak, who defended the HSR.

Najib, who asked the Government not to make “an emotional decision” to scrap the project, said the HSR was projected to create RM650bil in gross national income and 110,000 job opportunities, which could expand to 442,000 jobs by 2069.

On the fate of the ECRL, Dr Mahathir said the project has not been called off and a detailed review was being conducted.

“We haven’t cancelled ECRL. We have spent a lot of money on it and need to look at ways to handle this matter,” he said.

According to recent reports, the actual cost of the ECRL could be more than RM55bil.

Dr Mahathir also said the 11th Malaysia Plan mid-term review would be tabled in Parliament in November along with Budget 2019.

“The review will take into consideration the progress of projects carried out from 2016 to 2018, and the Government’s way forward for the remaining period of between this year and 2020,” he added.

Parliament is expected to start its meeting next month, but Dr Mahathir said the dates had yet to be fixed since the appointment of ministers had not been completed.

On whether the Cabinet had decided on the fate of the National Civics Bureau (BTN), he said the matter was still being studied.

The Prime Minister also said no decision had been made on whether the Department of Islamic Develop­ment (Jakim) would be closed.


Related post:


Chinese projects in Malaysia may stay intact

Newly-elected Malaysian Prime Minister Mahathir Mohamad has decided to scrap the Kuala Lumpur-Singapore Rail


SST implementation date among key decisions made by Cabinet
 https://www.thestar.com.my/~/media/online/2018/05/16/04/35/1mdba.ashx/?w=620&h=413&crop=1&hash=ECE23B276AA140BA80725A657A4FE4303340DA4A

Monday 11 January 2016

How to allocate your money wisely: lessons from my father


WE will soon be celebrating Chinese New Year and most Chinese families would be busy making preparations for the same.

This is one of the yearly events that I look forward to. Apart from family bonding and catching up on latest family updates, these get-togethers often times allow us to reflect on our past.

When I reminisce about my childhood days, I fondly remembered the life of my late father which has had a big influence on my life.

At the age of 16, my father embarked on a long boat journey to Malaysia with barely anything in his pockets. This was during China’s economic depression. Due to hard work and frugality, he managed to save, starting with owning one taxi to two and the next thing you knew, he owned a bus company, the Kuala Selangor Omnibus Co.

How did he do it? What was his secret?

Unfortunately, my father did not manage to share with me his secrets of success. Nonetheless, I observed that for every dollar he earned, he only spent 30 cents. He was very frugal in his spending even though he had to feed a family of 15.

I recalled accompanying him to Kuala Lumpur on one of his business trips 70 years ago. Back then, the road from Klang to Kuala Lumpur was windy and hilly. To reduce fuel consumption, he would switch off his car engine and let the car slide down the road when the car was at the peak of the slope.

Today, it is not safe to do such a thing due to the increased number of cars on the road. Yet, to my surprise, cars like Mercedes and BMW have incorporated similar feature in their latest models. The point here is there are many creative ways to be frugal and my father would think of his own ways to save.

In the olden days, there were not many entertainment and luxury items up for grab. Being a bus company owner, my father would cycle between home and his workplace every day. My father could easily afford a brand new car, but he chose a second-hand Fiat because to him, a car was a luxury item.

I respected my father for his diligence in practising delayed gratification in his life which allowed him to finance 7 of his 8 sons overseas for tertiary education. He was able to resist the temptation for immediate reward in order to receive a more enduring reward later. I am grateful that I am one of the beneficiaries.

In my memory, I can’t recall my father borrowing money from the banks or friends. Basically, he had no liabilities. Of course, there were also no credit card, personal loan and fancy easy payment or installment plans to go with the purchase of luxury items which would eventually make the items even more expensive, compared to the original/initial price. Now that I think about it, if everyone was like him, many banks would be out of business.

Other than investing in his bus company, he would not invest his money elsewhere except in real estate. When he passed away, he left 4 plots of land in Klang and his company had 34 buses. Being a businessman, he was supportive of his children doing their own business and investing in real estate. Maybe, that was how I got myself involved in real estate and started my first architectural firm and later, a property development company in 1968.

In summary, what I learnt from my father was, money can be allocated for the following usage:

> Expenditure/spending
> Savings
> Investment

Be frugal and practise delayed gratification when it comes to expenditure/spending. Make saving a lifestyle as we may need the funds for rainy days. More importantly, make some investments which can come in many forms and combination. Commodities, properties, shares, trust funds and bonds are the main types of investment available. Bear in mind, investment is also a form of long-term savings. Hence, investing wisely will help you grow your wealth.

Nowadays, most parents invest early in order to fund their children’s higher education. I believe that one of my father’s biggest investment in life was sending his children overseas for further education. Though he has only completed his primary school in China, my father together with my late mother had the foresight to decide that all their eight boys would have to be educated in English.

Except for my eldest brother who stopped at the secondary level to work so he can help my father and the family financially, all the other seven sons were educated in English and eventually led a successful life and career.

By the way, do you know that there are investments which won’t cost you any money? One of them is spending quality time with your family and children. Take this festive season to spend time with them as part of your future investment instead of overindulging on things that may eat into your savings and investment.

For those celebrating, here’s wishing you a prosperous and harmonious Chinese New Year in advance. Gong Xi Fa Cai.

Datuk Alan Tong was the world president of FIABCI International for 2005/2006 and Property Man of the Year 2010 at FIABCI Malaysia Property Award. He is also group chairman of Bukit Kiara Properties. For feedback, email feedback@fiabci-asiapacific.com.


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Friday 8 January 2016

Connected by mountains and waters


Relations between Asean and China are already strong, but expect them to draw even closer as they mark the 25th anniversary of dialogue relations.

THERE is a narrative in China that illustrates the interdependence of trade between Asean countries and China.

The little story, told in a programme produced by the state television broadcaster, goes like this: 36g of palm oil from Indonesia are needed to deep-fry three packets of instant noodles that would be consumed by Chinese customers.

The bio waste generated from producing the palm oil, meanwhile, can power 200 five-watt energy-saving light bulbs in Singapore for an hour.

To China, Asean is its “close neighbour connected by mountains and waters”. Collectively, the 10 nations in Asean are China’s third largest trading partner, while China is Asean’s largest trading partner.

In 2014, the two-way trade reached US$480bil (RM2 trillion) and investment was valued at US$130bil (RM558bil), with both sides aspiring to elevate the figures to US$1 trillion (RM4.3 trillion) and US$150bil (RM644bil) respectively by 2020.

To help realise this goal, China and Asean sealed a deal during the Asean summit in Kuala Lumpur to upgrade their Free Trade Area in November.

The geographical proximity makes Asean countries the first participants of China’s 21st century Maritime Silk Road (MSR), an initiative to foster connectivity and collaboration with countries along the route.

One of the flagship aspects of Belt and Road is railway connectivity. Last year, China embarked on rail projects with three Asean countries as part of Beijing’s ambition to connect China and Asean in order to facilitate the movements of goods and people.

In October, China won the bidding for the first high-speed rail (HSR) project in South-East Asia – the Jakarta-Bandung HSR in Indonesia.

A ground-breaking ceremony for the joint Lao-Chinese railway was held in December, followed by another ceremony to launch the Thai-Chinese railway project for two medium-speed lines.

Cooperation between ports is another key area of the MSR.

Malaysia, which is China’s largest trading partner in Asean, forged a port alliance with China during Chinese Premier Li Keqiang’s official visit to Malaysia in November.

China-Asean Business Council executive president Xu Ningning said Port Klang, which is the world’s 13th busiest port, can become an important locale for Chinese to “go out”, referring to China’s policy that encourages its enterprises to invest overseas.

“Malaysian investment in China is still higher than Chinese investment in Malaysia at the moment. I’d suggest Malaysia step up its promotional activities on investment opportunities to attract Chinese enterprises to Malaysia,” he commented on the sidelines of a China-Asean forum on the MSR in Beijing recently.

Former minister counsellor (economic affairs) in the Malaysian Embassy in China Datuk Ong Chong Yi pointed out that the two-way trade between Malaysia and China, which has reached US$ 102bil in 2014, accounted for one-fifth of the China-Asean trade.

Ong, who had just assumed the role as the CEO of China-Malaysia Qinzhou Industrial Park (Guangxi) Development Co Ltd, said once the Trans-Pacific Partnership deal and other multilateral or bilateral trade agreements are put in place, Malaysia would be an ideal destination to help China to enter other markets.

To provide capital support and drive infrastructure projects, China has set up the US$40bil (RM171.6bil) Silk Road Fund and a US$10bil (RM42.9bil) China-Asean Investment Cooperation Fund (CAF).

CAF CEO Li Wen said the fund, which focuses on investment opportunities in infrastructure, energy and natural resources in Asean, has invested in 10 projects in eight countries since its establishment five years ago.

Silk Road Fund Co Ltd managing director Luo Yang said the fund is interested in collaborating with Asean countries under the framework of connectivity.

A discussion of China-Asean relations will surely involve the South China Sea territorial row, which sees China and four Asean neighbours – Malaysia, Brunei, Vietnam and the Philippines – laying overlapping claims on the busy passageway.

While China has carried out extensive construction on the Spratly Islands (which it calls Nansha), it said it preferred direct consultation with other claimants to tackle the problem, and rejected the Philippines’ move to file claims with the International Tribunal for the Law of the Sea over the dispute.

“The dispute is only temporary. As long as China and countries along the MSR have enough goodwill, political wisdom and sincerity, it will be solved through friendly negotiation,” Bai Tian, the deputy director of Chinese Foreign Ministry’s Asian Affairs Department, said.

He added: “South China Sea will be a sea of peaceful cooperation and prosperity.”

It is important to note that despite the territorial disagreement, all parties are still engaging each other actively in economic cooperation. For example, Malaysia, Vietnam, Brunei and the Philippines have all joined the China-led Asian Infrastructure Investment Bank (AIIB) as founding members.
 
The Beijing-based multilateral lender aims to help Asia build roads, power grids and other essential infrastructure. It will hold the first meetings of its board and executive council on Jan. 16-18, 2016. The AIIB counts 57 founding members.

This year, China and Asean will mark the 25th anniversary of the establishment of dialogue relations.

A series of commemorative activities, including a summit, is expected to be held to mark the milestone and draw the region and China closer to each other.

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