Tony Pua: MRT3 'actual' project cost more important than financing cost
KUALA LUMPUR (Nov 13): Malaysia's planned Klang Valley Mass Rapid Transit Line 3's (MRT3) actual project cost is more important than its financing expenses because a more expensive project with cheaper financing will still cost more for the government to build.
Financing a key consideration for MRT3
KUALA LUMPUR (Nov 10): Financing is the key consideration for the Mass Rapid Transit Corp Sdn Bhd concerning the construction of the mass rail transit line 3 (MRT3), where the criteria for its lead contractor have been said to be out of reach of local players.
MRT Corp calls for tender to build and finance MRT3 line
KUALA LUMPUR (Nov 6): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) has invited local construction and infrastructure development firms to participate in the tender process to build, on a turnkey basis, and provide financing for the upcoming third mass rapid transit (MRT3) line, which analysts have estimated to cost between RM35 billion and RM40 billion.
Malaysia looking at expediting MRT3 construction
KUALA LUMPUR (Sept 5): The Malaysian Government may expedite construction of the Mass Rapid Transit 3 (MRT3) in the Klang Valley ahead of its planned completion in 2027 to reap the economic benefits of the project.
