Follow Koon Yew Ying’s BFM interview. Koon said: “There are hundreds of big buildings and structures, can you tell me which buildings or structures are won by Bumiputera contractors through open tender? There are hundreds of K. meter of highway, can you point out the stretch of highway awarded through competitive tender?
“Record shows that it is easy to produce doctors, surgeons, lawyers, engineers and other professionals but it is very difficult to produce competent contractors or entrepreneurs.
“Bumiputeras must be willing to start from the bottom and learn the business. Tan Seri Yeoh Tiong Lay started as a small time contractor. Tan Seri Lim Goh Tong started as a scrap iron dealer in Sungei Besi.
“I, Koon Yew Yin and 3 other small time contractors started with Rm 200,000 capital in 1966. As a result, I was one of the founders of IJM Corporation Bhd.
“I am completely retired from business and I hope you are not offended by what I have expressed here. I trust we will elect politicians who will not simply give out large contracts or concessions without open tenders.”