truth is, Lulu does hope and wish that the projects would be a success.
Because if it does work, if the angan-angan becomes a reality, then it reaps benefit for the nation and the rakyat.
And even if the gains are not passed on to the rakyat, at least, they will not depend on a government bailout for, kononnya the projects, but Lulu guesses is for the private companies who are guaranteed gold regardless whether the project is a hit or miss.
I did poke fun on the Eye On Malaysia.
In Lulu's very finite petite mind, it had all the elements of a potential flop.
But Lulu was hopeful that she was wrong.
Alas, Malaysiakini's latest piece of investigative report is inclined to confirming what Lulu thought and feared would probably happen.
However eight months since its official launch, and with only four more months to go to the end of the Visit Malaysia Year campaign, the long queues expected by the ministry are simply missing. Apart from the initial euphoria and excitement, the visitors have avoided the Eye on Malaysia, causing potential embarrassment and financial worries for the ministry and the private company.
A bailout at work?
Now new facts have emerged that the Tourism Ministry and MST Ad Suria are trying to revitalize the Eye on Malaysia. The plan is simple - the ministry buys thousands of tickets from the private company to be distributed for free. In other words, the ministry is bailing out MST Ad Suria.
Sources have told malaysiakini that tickets worth RM5.7 million have been snapped up by the ministry from the private company. "500,000 tickets are there sitting in the ministry. The amount sums up to RM5.7 million of taxpayers' money. The ministry is giving them (MST Ad Suria) easy money" sources said.
to be fair to the owners, Lulu needs to tell you that
When contacted, MST Ad Suria executive chairman Adam Yong Abdullah and his colleague Jamilah Itam, the business director with the company, claimed that business was good. Adam however admitted that there were talks with the ministry for the sale of tickets worth RM5.7 million from his company, but "nothing ever came out of it".
When Adam was asked to explain this, he replied “I don’t know about this. Maybe they printed it out on their own. But if they did, the tickets will not be valid. The bar codes on the tickets must first be verified by our system before it is ready.”
Maybe the little bit in me hopes that the Malaysiakini report is wrong.
Maybe there's no such bulk ticket purchase.
That maybe, if it was making a loss, the company is proffesional enough to know that they did not do their homework properly, and in business, sometimes you make money, sometimes you lose money, but you need to be man enough to be responsible for your own decisions.
oh dear, i was almost doing well until the last maybe.
having actually typed that out, why is Lulu feeling like this is a cow jumped over the moon moment?
Lulu's also gravely concerned about the Southern Johor Economic Region (SJER) and Northern Corridor Economic Region (NCER).
Lulu really would like to remain optimistic, but the announcements and publicity to the projects given pending GE makes Lulu wonder if it's a ploy.
And with Datuk Merican's projection that by Y2010, we would be a nett importer of petroleum, how are we going to bail out these projects [or more likely, the businessmen] if they fail?
Lulu doesnt want her country to end up as another Argentina or Nigeria. Nations so rich in resources yet bankrupt.
HIDUP MALAYSIA TANAH AIR KU