SIME : Claims additional RM700m from government

Sime: Claims additional RM700m from government for Bakun. Sime Darby Bhd has put in a claim of RM700m in relation to the Bakun Hydroelectric Dam project, sources said. If the claim is approved, the total cost of civil works portion of the Bakun project will rise to RM3.2b from the original RM1.8b. This does not include the electrical and mechanical works and other related works such as land clearing prior to the flooding of the dam.  (Source: The Edge Weekly)

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