Malaysia appointed builders last week for its long-delayed $2.4 billion Bakun dam, awarding the deal to a consortium led by a unit of local conglomerate Sime Darby, together with a Chinese infrastructure firm. The hydro-electric power project in Malaysia's eastern Sarawak state on Borneo island has enraged environmentalists as it involves flooding a tract of tropical rainforest the size of Singapore and will displace thousands of indigenous people.