GOV’T AGREES TO IMPLEMENT VOP – FINANCE MINISTER II
KUANTAN, The government has agreed in principle to implement the Variation of Price (VOP) to help contractors faced with rising costs of construction materials due to the recent targeted diesel subsidy to ensure projects are completed on time. Finance Minister II Datuk Seri Amir Hamzah Azizan said the decision was made to reduce the burden of contractors and was at the discussion stage between the Finance Ministry (MOF), the Public Works Ministry and the Construction Industry Development Board (CIDB). ‘Discussions have begun… we just had a discussion last week, so give us some time. We understand that when we had