Petronas

Chief Minister Lim Guan Eng will also press on for the federal government to consider asking Petronas to fund the multi-billion ringgit second bridge project.

"Petronas had claimed that it does not fund infrastructure projects but this is not true as the company has financed many major buildings and bridge projects in the country through its subsidiaries and investments," Lim claimed.

He said KLCC Property Holdings Bhd, which is a Petronas subsidiary, has a property portfolio which includes Petronas Twin Towers, Menara Maxis, Menara ExxonMobil, Suria KLCC and even a hotel, Mandarin Oriental in Kuala Lumpur.

"Petronas is also the key funder for the entire Putrajaya development," he said, adding that Petronas reported annual profits of RM80 billion.


from theSun.

No comments: