Malaysia Govt says paid Ekovest RM132m up to Feb 2018 under River of Life contract

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KUALA LUMPUR (April 2): The Malaysian Government has paid Ekovest Bhd's wholly-owned subsidiary EkoRiver Construction Sdn Bhd RM132.32 million up to February 2018 under the River of Life beautification contract.

The Federal Territories Ministry said in Parliament today river beautification work under the River of Life project is divided into two phases involving 10.7 kilometres along the Gombak and Klang Rivers.

In the ministry's written reply to Serdang MP Dr Ong Kian Ming, the ministry said EkoRiver has been appointed as contractor for three out of five beautification work packages under the River of Life project. The ministry said the three packages awarded to EkoRiver are worth some RM488.56 million.

The ministry said the River of Life beautification project's consultant AECOM Perunding Sdn Bhd has been paid RM101.62 million for its services since December 2011 until today.

"AECOM is tasked to design the entire river beautification project and supervise until the completion of the project with service fees that do not exceed a ceiling approved by the Ministry of Finance," the Federal Territories Ministry said.

Ong had earlier requested the Federal Territories Ministry to state the total payment made thus far to AECOM and Ekovest under the River of Life project.