Prestariang RM3.5 Billion SKIN Project To Continue For Now
258 views · Published 4 July 2018 · 1:06 · Indexed 24 September 2026
Channel: 7Edition · 2018 · News & Politics
Prestariang Bhd's RM3.5 billion National Immigration Control System (SKIN), project is unaffected under the new government. According to its group CEO, Abu Hasan Ismail, the 15-year concession - border protection period project as per the definitive concession agreement was sealed on July 18th, 2017 during the tenure of the previous He said this after a briefing session with the Council of Eminent Persons (CEP), earlier today. Prior to this, Prestariang said it will only receive payment upon full commissioning of skin solutions with an average annual payment of RM294.7 million for 12 years. To implement the SKIN project which is expected to be launched in 2021, Presta-riang has roped in french defence, technology and security firm Thales Communications and Security SAS and Thales Malaysia sdn bhd.
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