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#Updated* Prasarana budgets RM6b to RM7b to extend LRT lines

KUALA LUMPUR: Syarikat Prasarana Negara Bhd, the sole asset holder for the entire Klang Valley and Penang public transport system, is budgeting between RM6 to RM7 billion to extend the existing light rail transit (LRT) lines in operation.

Prasarana group managing director Datuk Idrose Mohamed however, the amount could vary once the public display of the alignment ends in three months. The public display will start from Sept 15, Tuesday at various locations, and during this period the public is invited to give constructive feedback.

Prasarana, a unit of the Ministry of Finance, already raised RM2 billion worth of Islamic bonds, which was more than three times oversubscribed, with an order book of RM6 billion.

“Once we gain the final approval from the Ministry of Transport, then we will be about to call out for tenders for the construction portion,” Idrose said on Sept 14.

He added Prasarana would call for a pre-qualification for contractors for the civil works.

The Kelana Jaya (formerly Putra) extension line will start from Kelana Jaya and run 17 km through 13 stations spanning Subang Jaya to Putra Heights.

The Ampang (formerly STAR) extension line will start from Sri Petaling station, and run 17.7 km through 13 stations passing through Kinrara, Puchong and end at Putra Heights.

He added that Prasarana hoped to complete the extensions by 2012.

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