QUOTE(agent sawyer @ Jan 26 2019, 10:25 AM)
Malaysia is under the burden of the previous Govt's spending decisions
let's pick just 2 of my favourites: 1mdb and AV8
1mdb registered a net loss of ~Rm40 billion out to 2039, or about Rm2 billion/year from now. Assuming current defence budget spending of 4.7% and this sum enters the national budget,
1mdb resulted in net loss of Rm94 million per year to Defence for the next 20 years
More important than funding however is efficient deployment of that funding. E.g.,
AV8 contract for 257 vehicles was valued at approx Rm7.5 billion for 257 vehicles, or Rm29 million per vehicle
AV8 sold off-the-shelf to Oman is estimated at Rm2.06 billion (USD 500m) for 172 vehicles, or ~Rm12 million per vehicle
Had a similar off-the-shelf solution* been procured for the ATM without unnecessary R&D, TOT or "commission", it is likely a similar pricing might have been achieved. Of course, the local industry of Deftech and the ex-PM's hometown of Pekan would not have benefited from revenue and jobs. Nonetheless,
AV8 program resulted in total loss of Rm4.37 billion to Defence ( [29-12] x 257 vehicles)
I wonder what other losses occurred from other projects which we do not know the specifics of...
*For example, the French VBCI cost EUR 3.5m each or Rm14 million at 2012 exchange rates, Rm16m at current rates
how can AV-8 program lost ? we produce only for our own use ? no sell international ?let's pick just 2 of my favourites: 1mdb and AV8
1mdb registered a net loss of ~Rm40 billion out to 2039, or about Rm2 billion/year from now. Assuming current defence budget spending of 4.7% and this sum enters the national budget,
1mdb resulted in net loss of Rm94 million per year to Defence for the next 20 years
More important than funding however is efficient deployment of that funding. E.g.,
AV8 contract for 257 vehicles was valued at approx Rm7.5 billion for 257 vehicles, or Rm29 million per vehicle
AV8 sold off-the-shelf to Oman is estimated at Rm2.06 billion (USD 500m) for 172 vehicles, or ~Rm12 million per vehicle
Had a similar off-the-shelf solution* been procured for the ATM without unnecessary R&D, TOT or "commission", it is likely a similar pricing might have been achieved. Of course, the local industry of Deftech and the ex-PM's hometown of Pekan would not have benefited from revenue and jobs. Nonetheless,
AV8 program resulted in total loss of Rm4.37 billion to Defence ( [29-12] x 257 vehicles)
I wonder what other losses occurred from other projects which we do not know the specifics of...
*For example, the French VBCI cost EUR 3.5m each or Rm14 million at 2012 exchange rates, Rm16m at current rates
Jan 29 2019, 08:00 AM

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