Revival of five LRT3 stations now estimated to cost RM5.3b, says deputy minister
This is higher than the RM4.
This is higher than the RM4.
The LRT system is part of the Penang Transport Master Plan (PTMP), which includes an integrated network of transportation solutions.
SRS Consortium is being offered the contracts on the so-called single sourcing request-for-proposal mechanism, Transport Minister Anthony Loke Siew Fook said in a statement.
Regarding the Johor Bahru-Singapore Rapid Transit System (RTS) Link project, Loke announced that infrastructure work in Malaysia had reached 65% as of the end of December last year, while system work was 33.
With the expansion of the Klang Valley Integrated Transit System, savvy property buyers are securing homes near train stations to take advantage of the current and future rail connectivity.
Transport Minister Anthony Loke stated that this includes the construction of five new stations, the acquisition of three sets of three-car trains to maintain service intervals, upgrading of the train depot, as well as other expenses involving independent checking engineers, project management and legal fees.
Bukit Bintang Member of Parliament Fong Kui Lun pointed out that the Penang LRT project, spanning 23 stations, is estimated to cost RM10 billion, while the five revived stations under LRT3 will cost RM4.
As of end 3Q2023, line-wide progress of the LRT3 construction stood at 86.
LRT ridership will have a significant increase in 2025 with the opening of LRT Shah Alam or LRT 3 to serve one of the densest corridors in the Klang Valley, and expected to cater to over two million people.