MoF to raise up to RM50b to fund MRT3

KUALA LUMPUR (March 16): The Ministry of Finance (MoF) has committed up to RM50 billion in financing for the Mass Rapid Transit 3 (MRT3) Circle Line project, whose initial estimated construction cost is RM31 billion plus land acquisition of RM8 billion.

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MRT3: New financing model and a ‘game changer’

KUALA LUMPUR (April 17): MRT Corp said in its briefing last week said that the MRT3 mega project will be “game changer” with high “spillover effects” that will boost the technological capabilities of local talent, “support socio-economic development across urban areas along the route and create jobs for Malaysians”.

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