Another white elephant in the making?

The blue colour stuctures are the godowns according to the jaga.

I have visited the Westports on Thursday morning together with Malaysiakini and MerdekaReview jounalists and DAP Pandanmaran treasure Tee Boon Hock and PJ Action Team leader Francis Chang. We have taken some photographs and will upload for bloggers to view the billion ringgit Westports Free Zone which was widely regarded as another ‘white elephant’ project by industry insiders.

Besides the Free Zone Office Complex, we have a glimpse of the 512 units of godowns (blue in colour) from the outside (we were barred from entering without a special pass) which were completed but not ready for operation.

I will also show bloggers the original look of the 1,000 acres of swamp land in the later updates. It’s ridiculous to pay more than RM25 psf for such land,what if the actual price paid was even higher, say RM44 psf? ( Earlier report said that PKA paid RM1 billion for the 1,000 acres of swampy land for the free zone project. But the AG report 2005 siad the price was RM1.81 billion).

I personally find that the high-rise motorway (currently under construction) connecting the Westports and the free zone is unnecessary and a sheer waste of money. It only allows someone to make more money.

The only prominent foreign investor who has set foot in Westports is Aker Kvaerner. 

6 Responses to “Another white elephant in the making?”

  1. ronnieliutiankhiew Says:

    Westports reminds me of the Baram Port in Miri Sarawak. The port could not operate smoothly due to serious silting. There was little activity at the port when I accompanied the Opposition Leader Lim Kit Siang for the inspection.

    What has happened to the Baram port now? The deputy chief minister who initiated the project needs not be responsible for the failure. The SUPP chief continues to be elected as the Miri state assemblyman and holds on the deputy CMposition until today.

  2. ronnieliutiankhiew Says:

    Aker Kvaerner’s high tech subsea manufacturing centre in Malaysia opens in record time

    7 Jun 07

    7 June 2007 – Aker Kvaerner’s multi-million dollar integrated subsea oil and gas centre in Malaysia was officially opened today, marking the successful conclusion of an ultra fast-track schedule to bring the facility on stream. Located in Port Klang Free Zone, Pulau Indah, Klang, the purpose-built manufacturing centre, with a total investment value of USD 100 million, is the first of its kind in the world.

    “Today marks a significant milestone in our history. Just 13 months after our Board of Directors made the decision to invest in this manufacturing centre, the first section of the facility was opened. Only six months from that date, the centre, with its six workshops, is now fully operational,” said Martinus Brandal, President & CEO, Aker Kvaerner, “I am delighted to report that we already have a number of manufacturing contracts underway, including a major assignment on the groundbreaking Murphy Oil deepwater Kikeh Field here in Malaysia. In fact, just a few weeks ago, we completed the first Kikeh subsea tree and control module — fully assembled and tested here in these facilities,” he added.

    Officiating at the opening event, Datuk Anuar Ahmad, Vice President, Oil Business, Petronas, representing Petronas President & CEO Tan Sri Dato’ Sri Mohd Hassan Marican, said, “The establishment of this facility certainly goes a long way in supporting the overall development of the Malaysian oil and gas industry and stands as a testimony to Aker Kvaerner’s confidence in Malaysia. Equally important, this operation brings us a step closer towards realising our aspiration of turning Malaysia into a Regional Deepwater Centre.”

    According to Mr Brandal, Malaysia was selected as the location for the subsea centre following extensive market research into a range of other countries in the South East Asia region. “Our final selection was based on Malaysia’s favourable investment climate, accessibility to the dynamic deepwater markets in the region, and the availability of good technical resources,” he said.

    With a presence in Malaysia dating back some 20 years, Aker Kvaerner has provided design engineering services, local fabrication and project management consultancy for a range of clients in the offshore and onshore oil and gas industry over that time. Recently, the company has been building up capacity in the region.

    Currently Aker Kvaerner employs 3 500 people in Asia Pacific, of which 600 are located in Malaysia. The high tech Manufacturing Centre will eventually employ 1 000 highly skilled technicians, engineers, supply chain personnel and managers.

    The new centre is located on a site of some 150 000 square metres at Pulau Indah, in the Port Klang Free Zone. Among the activities being carried out are: machining, assembly and testing of subsea trees, manufacturing of controls valves and couplings, assembly and testing of subsea production control systems, fabrication of subsea manifolds and structures, manufacturing of deepwater marine drilling risers, and site integration testing. Project management for EPC (Engineering, Procurement and Construction) contracts and life of field service support for deepwater projects are also being handled from Malaysia.

    “This will enable the entire range of specialist equipment and services needed for the growing number of deepwater projects in the region to be provided from one single point. This is what makes the centre unique, not just in the subsea industry, but throughout the world,” said Raymond Carlsen, Executive Vice President, Aker Kvaerner Subsea.

    In addition to the contract for the Murphy Oil Kikeh development, work in hand at the subsea centre also includes projects for Modec and for Reliance Oil’s giant KG-D6 and MA-D6 developments on the Indian Continental Shelf, as well as tie-in clamps, deepwater marine drilling risers and other products.

    “Technology transfer is also an important part of the company’s investment in Malaysia and an ongoing commitment,” said Egil Martinussen, President Aker Kvaerner Malaysia. “We will soon reach our target of having 100 Malaysian engineers and technicians trained overseas at our technology and manufacturing centres in the UK and Norway. We have also seconded approximately 50 of our overseas personnel here from our subsea centres of excellence elsewhere in the world to train local managers, engineers and technicians, training that will be essential for the continued growth of Malaysia’s deepwater industry.”

    “This investment is only the beginning. We look forward to working together with Petronas and its production sharing partners to develop Malaysia as the deepwater centre in South East Asia,” concluded Mr Brandal.

    ENDS

    For further information, please contact:
    Media:
    Torbjorn Andersen, Senior Vice President, Corporate Communications . Tel: +47 67 51 3036 Mob: +47 9288 5542

    Investor relations:
    Lasse Torkildsen, VP Investor Relations, Aker Kvaerner, Tel: +47 67 51 30 39

    Career opportunities:
    Visit http://www.akerkvaerner.com/Careers

    AKER KVÆRNER ASA, through its subsidiaries and affiliates (“Aker Kvaerner”), is a leading global provider of engineering and construction services, technology products and integrated solutions. The business within Aker Kvaerner comprises several industries, including Oil & Gas, Refining & Chemicals, Mining & Metals and Power Generation. The Aker Kvaerner group is organised in a number of separate legal entities. Aker Kvaerner is used as the common brand/trademark for most of these entities.

    The parent company in the group is Aker Kværner ASA. Aker Kvaerner has aggregated annual revenues of approximately NOK 50 billion and employs approximately 23 000 people in about 30 countries.

    Aker Kvaerner is part of Aker (www.akerasa.com), a group of premier companies with a focus on energy, maritime and marine-resources industries. The Aker companies share a common set of values and long traditions of industrial innovation. As an industrial owner with a 40.1 per cent holding in Aker Kvaerner, Aker ASA takes an active role in the development of its holdings.

    Aker Kvaerner Subsea is a leading provider of a complete range of surface and subsea solutions for the oil and gas industry – from concept screening and design through manufacturing, fabrication and commissioning. Aker Kvaerner Subsea’s ability as a world-wide total system provider is backed by a wide portfolio of products which are maintained for the complete life of field. Aker Kvaerner Subsea’s capability is available for both new and existing fields either as individual activities or complete packages.

  3. KSTAN Says:

    Another white elephant?

    Our Orang Utans and Malayan tigers may be in endangered species list ….. but thanks to our goverment, the “white elephant” species seem to be doing well. hahahaha …..

  4. Mas Says:

    What should you do to a white elephant?

    Ans: Hold it’s nose until it turns blue.

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