PETALING JAYA: To stimulate the recovering economy, the government has allocated RM3.5bil for infrastructure projects, among them the Pan-Borneo Highway and Central Spine Road, says Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

       Tengku Zafrul also said RM200mil was allocated through the creation of a Third Infrastructure Facilitation Fund under the supervision of the Public Private Partnership Unit, which falls on the purview of the Prime Minister’s Department.

       “In addition, the government will continue implementing small and medium projects worth RM2.9bil that will target Class G1 to G4 contractors across the country.

       “This allocation involves maintenance of roads projects, overhaul of obsolete infrastructure and equipment of public universities, polytechnics and community colleges as well as other projects involving social amenities at the rural areas,” said Tengku Zafrul.

       Tengku Zafrul was speaking when tabling Budget 2022 in Parliament on Friday (Oct 29).

       Budget 2022 has a total allocation of RM332.1bil, the largest ever for the country.