Managing Director of Road Development Corporation (RDC) Ali Zuhair has stated that the government's reform efforts has resulted in a significant reduction in the corporation's expenditure, with monthly savings between USD 1.1 million and USD 1.3 million. He made this statement during an exclusive interview with PSM News.
Under the previous administration, the RDC experienced a significant rise in expenditures, with spending exceeding revenue, prompting Zuhair, upon assuming leadership, to prioritize addressing the corporation's financial challenges. He explained that one of his first actions was to identify and implement strategies to improve the company's financial health. This reform process, he noted, involved close consultations with both the RDC Board and the Public Corporation Board (PCB).
A central aspect of the reform efforts was focused on reducing operational costs. One of the key measures introduced was the implementation of fixed pricing for the procurement of goods. These actions, Zuhair stated, resulted in significant savings, reducing the corporation’s monthly expenses by between USD 1.1 million and USD 1.3 million.
In addition to cost reductions, a control mechanism for managing overtime was implemented to further curb expenses. Furthermore, the RDC officially transitioned to a six-day workweek to increase efficiency and reduce costs.
Zuhair also highlighted that 17 projects, which had been halted under the previous government, have now been resumed. In addition, 10 new projects are currently in progress, marking significant progress in the corporation's development efforts.