Penang LRT budget capped at RM16b-17b, says Loke

Transport Minister Anthony Loke: The ceiling is set higher than what is required, but we will try to reduce costs through open tender KUALA LUMPUR (Aug 18): Transport Minister Anthony Loke on Monday announced a budget ceiling of RM16 billion to RM17 billion for the Penang Light Rail Transit (LRT) project.

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Govt will not embark on mega projects, to focus spending on the people

Finance Minister II Datuk Seri Amir Hamzah Azizan: The government’s approach is to channel spending into programmes that truly benefit the lives of the people, such as repairing schools and rural clinics, which also generate economic spillover and create business opportunities for micro, small, and medium Enterprises (MSMEs).

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