Saturday, March 15, 2008

Election impact on NCER...


Many people have not expected Barisan rakyat to win 5 states from the 12th election in Malaysia and not even the opposition parties themselves... the government have to sit down and ponder hard and deep before they layout their plans for the country for the next 5 years because this will be the determinant to its survival in the next election to come.
The barisan rakyat is expected to clean up all the "bad sector" in all the previous state governments and honour its promises to give a fair chance to all and to eradicate poverty irregardless of race... now is the chance for them prove to the people that they are the right choice..

Regardless, the federal government on the other hand is expected to continue to work with the state govenments and make the 9mp projects a success. Any act of sabotage will be viewed as immature and will costs them dearly in time to come. NCER in particular is now in question... PGCC is even more questionable... the people don't like it... not because its not good for development but because the gov does accounts for the infrastucture that needs to be available to support the PGCC development. Access to the site is crucial....PORR is not ready, traffic problem is not fixed and after so many years of BN ruling the state is still without a decent public transport like a monorail... is embarrasing for Penang particularly when it has so many foreign investors there and has help the gov rake in billions in taxes...
Questions remained is whether the ruling gov BN will go honour their words or turn their back to Penang....? I personally think there will be changes... and the NCER projects will be continued but am doubting the flow of budget from the federal gov to the state... As of the question of how gentleman the ruling party is, we're here to witness.... stay away from those company affiliated with projects in NCER....for now.... though I don't think it will be scrapped.
There are many reasons why we should be cautious....

Gamuda issue is a classic example of why Malaysia cannot compete with other ASEAN countries... why Datuk Lin sold of his shares at such price?... why at that time? and what's the motive? .... bear in mind he's a main reason why the company is where it is today.... but now he's dumping it?... it's obvious there are powerful people forcing their way into the company... and change in the shareholding structure is imminent... will it benefit Gamuda? you should know by now.... everyone favours prosperity....if were to prosper with chance, why leave?

Well, enough of my Sunday morning gossip... more will come, hold your horses... view it from an eagle's perspective before you act...