AGAIN... a foreigner to tell us if we are smart or not...any way more comments below....read thru the article i got extract from star online:
Wednesday March 9, 2011
McKinsey appointed consultant for MRT
BY RISEN JAYASEELAN and THEAN LEE CHENG
starbiz@thestar.com.my
It will carry out value management study of the project
PETALING JAYA: McKinsey & Co has been hired as consultants to carry out the value management study (VMS) on the mass rapid transit (MRT) project.
This was revealed by Azmi Abdul Aziz, the chief development officer of Public Land Transport Commission (SPAD) in his presentation at the Greater KL: Smart City of The Future Conference on Monday.
The VMS is an important element in SPAD's plan to ensure that the MRT is carried out in the most cost-efficient way.
“The (MRT) project on its own is not viable but this is not something new. It is proven in the experience of other countries,” Azmi said. “So we are putting in efforts to ensure that the construction cost is minimised. Part of that effort is the engagement of McKinsey for work on the VMS.”
“We will be looking at land development and property development to help bring down the cost. It will be a rail-plus-property project.
“We will have fare and non-fare income from things like advertising and will ensure the maintenance cost is kept at optimum levels,” he said.
In an earlier interview with StarBiz, SPAD chief executive Mohd Nur Ismal Kamal had explained: “One interesting mechanism being used for the MRT project is the VMS, where an independent party will scrutinise the project plans and ensure that the optimum value is derived.”
He also said the VMS will help decide the selection of the proposed alignment and station locations to “make cost most effective” but at the same time, also consider the factor of helping unlock the full potential of real estate values in locations where the stations are located.
“The VMS will also design a procurement policy which will ensure cost savings and prevent any extravagant spending,” Mohd Nur said.
Another aspect of the VMS is that it will help with the early identification of non-fare box revenue.
“Such revenue will include rental or sale of property surrounding stations which can significantly contribute to future expansion of the network and system maintenance and upgrades.
“This kind of practice is again not new. About one third of the revenue of Hong Kong's Mass Transit Rail system is not from ticket sales, while in Tokyo the non-fare revenue is as high as 80%,” Mohd Nur told StarBiz.
“With all these steps being taken by the Government, it is hoped that the MRT project will delivered to the rakyat on time for them to enjoy its full benefits at the lowest possible cost,” he said.
Let me share with you the history of Value Management(VM)in Malaysia...
Dr Mazlan is the guy tht introduce in Malaysia way back in 1990s.
I organised VM conferences n workshop together with him and Dr Mazlan continue the effort to save billions of ringgit for the Malaysia Government thru his consultancy and workshops...
He have saved rm 1.6 billion for the KLIA 2 project when he was appointed by the EPU and MAHB. He saved hundred of millions on other project in JKR, UNiversities, TNB and many more...
He infact introduce VM to the Gov via EPU and present it to the Prime Minister untill VM methodology has been made mandatory requirements by the EPU for projects etc costing rm50mil and above. In fact it has been announced by the PM as one of the supporting pillars during the 11th Majlis Perdana Perkhidmatan Awam Conference on March 2010.
He even ca,e out in papers n TV talk shows on this matter...
My point is this:
1. Why waste money and appoint a foreign company when we have a anak melayu whom have done a greattrac record for saving billions for the government.
2. does the foreign company appointed got any VM knowledge or work done in malaysia to be claimed be able to study and carry on the VM framework?
3. Dr Mazlan have ofcoz tried to offer its service by sending his profile etc after discussing with mgt of prasarana back in december but no news... why?
4. how the does the appointment done? any bid? rfp done?
5. is there arent any communications between the EPU and SPAD or Prasarana since its a National and most expensive project...if they do why cant epu or mof share their success via dr mazlan VM framework and saved rm1.6bil for the KLIA 2 project.... why??
i am taking few action steps for justice to prevail to fight for the truth and honesty in thias project n leave no room for leakages especially involved billions of Rakyat money!
