Fourfold increase Shah Alam Stadium project costs rushed through state exco
Fourfold increase Shah Alam Stadium project costs rushed through state exco
A RM 154 million refurbishment becomes a RM 3.28 billion redevelopment
TMJ was right, the cost to redevelop the Shah Alam Stadium will cost much more than RM 787 million. The tendered project to construct a new stadium with seating capacity between 35-45,000 people is illogical.
The original estimate to refurbish the Shah Alam Stadium was estimated by the Jabatan Kerja Raya (JKR), or Public Works Department, to cost around RM 154 million. The tender papers sent out for the project specially specified a refurbishment.
Then it was announced in the media, with total surprise to the tenderers, that there would be a complete redevelopment of the Shah Alam Stadium Complex, adding in a shopping and commercial complex costing around RM 787 million.
Selangor citizens have been misled. Project papers approved by the State Executive Council actually approved the Shah Alam Stadium redevelopment at RM 3.28 billion. This is a staggering difference from an RM154 million refurbishment, and RM 787 million redevelopment.
This means the Selangor State Government must swap land to the value of RM 3.28 billion in consideration to the contractor/developer, which was specifically mentioned in the Executive Council meeting paper. This is a massive amount of public land to release to a contractor for the development of only 182 acres of land.
This major change to the project cost was rushed through a state exco meeting on June 7 2023
The Shah Alam Stadium project modifications, was one of more than 20 papers submitted to the state exco on June 7.
Prime Minister Anwar Ibrahim is well aware of this project. He just recently met with authorities there, although Menteri Besar Amirudin Shari was conspicuously absent at an event both the Selangor Sultan and prime minister attended.
Is the prime minister Anwar Ibrahim aware of the project?
The question is why is the true cost of this project subject to the Official Secrets Act (OSA)?
It is understood that MRCB already has a letter of intent from the Selangor State Government for the project, but as of yet has not yet received the letter of contract award from the Selangor state secretary.
Its not too late to delay the project and undertake a transparent study, when RM 3.28 billion of state (public land) is at stake.
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I suppose the B40 in Selangor will feel happy & proud about the Stadium. Coz I'm sure the B40 will support the advancement of football instead of economy in this trying times. Look at the bright side if you hungry, nothing like watching football played in your stadium to fill your stomach. Well done PMX & gang, after all who are we to break the BN culture. Cash is always king in this country.
The state want to make some money. The higher the development value,the higher is the returns to the state.
In this case, the portion of that rgt 3.28bil is probably 20% to the state. This means rgt756mil to the state. The state can use that portion of the deal to build the stadium.