Finance Ministry Inc and Sarawak Hidro Sdn Bhd (SHSB) were reminded to ensure that contractors complete work within time for the Bakun project to avoid further delay and cost increases, as RM3.91bil had been spent as of last year for the construction of the dam.

The initial cost of the dam was RM4.5bil, but SHSB had already borrowed RM5.2bil from 2002 to 2007 for the project. The Auditor-General’s Report for 2007 said the main dam, scheduled for completion last September, was given an extension till June 2010 because of 16 work order modifications issued by SHSB. Read in full