Sunday September 9, 2012
Johor Ruler: Mersing Laguna developer failed to fulfil condition
By NELSON BENJAMIN
MERSING: The RM22bil Mersing Laguna project has been cancelled because the developer failed to fulfil a condition in the agreement, announced Johor Ruler Sultan Ibrahim Almarhum Sultan Iskandar.
He said the developer, Radiant Starfish Development Berhad, had failed to raise the paid-up capital to RM200mil within six months as required under the agreement signed on Feb 25 this year.
“Owing to the failure, the project is hereby cancelled,” the Sultan said, adding that he himself had performed the ground-breaking ceremony for the mega project on April 14.
The project was to have involved the construction of hotels and resorts, a marina, a water theme park and shopping malls. It was to also involve land reclamation to create three man-made islands.
The first phase was to have been completed in seven years.
The Sultan said he would monitor all development in Johor to ensure they were successfully carried out and benefited the people and state.
In his speech at the Special Forces anniversary day celebrations at Kem Iskandar here yesterday, the Sultan also reminded arms suppliers, including retired army personnel and generals, not to raise the prices of equipment supplied to the armed forces.
He said that arms suppliers should ensure the quality of the equipment supplied.
“There have been cases of army personnel, including generals, who become businessmen after retiring. I hope they supply equipment which meet the standards and specifications as I value the life of our soldiers, especially special forces personnel,” he said.
He also urged the Defence Ministry to control and scrutinise all purchases.
“Nobody should take advantage of the situation for personal gains when acquiring equipment for the Special Forces,” he said, adding that recently four Rapid Intervention Vehicles (RIV) were purchased for RM2.76mil or RM690,000 each.
During the event, Sultan Ibrahim displayed one of the RIV vehicles and another personal vehicle that he purchased for RM150,000.
“Which of these will be your choice? I do not understand why government purchases involve exorbitant charges that do not make sense,” Sultan Ibrahim, who is also a Colonel in the Special Forces, said.