by Caspar Chia, IMPERIA Institute of Technology, Subang Jaya, Selangor

1. ENGLISH II
CASPAR CHIA
1008585

2. •The negative effect of
abandoned project in
Malaysia

3. Cause?
Financial problems
Good and Service Tax (GST 6%)
Unfavorable economic condition
Mismanagement
Faulty tender process

4. DEFINITION
• THE PROJECT IS NOT COMPLETED WITHIN OR LATER THAN
THE DELIVERY DATE SALE

5. EFFECTS
• INDIVIDUAL
• PUBLIC
• DEVELOPERS/CONTRACTORS
• INVESTORS

6. DEVELOPERS/CONTRACTORS
• METERIALS THAT WERE SUPPOSED TO BE USED IN THE
PROJECTS ARE VANDALISED.
• EXTRA COST OF REVIVAL OF PROJECT
• RE-AWARDING THE AWARD OF CONTRACT
• JOBLESS OR CHANGE OF FIELD

7. INDIVIDUALS
• EMPLOYMENT (General workers, construction workers)
• ECONOMIC MELTDOWN
• Purchaser have to cover for the approved loan

8. INVESTORS
• MONEY INVESTED IS LOST
• DISPUTES AMONGTS PROJECTS PARTICIPANTS
• LEADS TO COURT

9. PUBLIC
• SPENDING POWER REDUCED
• EMPLOYMENT RATE DECREASE
• ABANDONED PROJECT = ILLEGAL IMMEGRANTS ATTRACTIONS
• SURROUNDING RESIDENTIAL ISNT SAFE

10. COUNTRY
• BAD REPUTATION TO NATION WIDE