Budget 2015: Boon for construction


THE Government has announced the rollout of the much-anticipated 56km second mass rapid transit line (MRT Line 2) from Selayang to Putrajaya at an estimated cost of RM23bil in Budget 2015, which will further boost the construction sector from next year onwards.

Prime Minister Datuk Seri Najib Tun Razak in his budget speech also announced another urban rail project, the light rail transit line three (LRT Line 3) from Bandar Utama to Shah Alam and Klang at an estimated cost of RM9bil, confirming a StarBiz report that was published on May 14.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , LRT3 , Budget 2015 , economy , business ,

Next In Business News

What is Unitree and why are China’s humanoid robot makers racing to list?
Intel launches US$15bil share sale as turnaround rally lifts stock
United Asiapac Energy IPO oversubscribed 21 times
MN Holdings secures RM122.31mil underground cable contract from TNB
Sheng Long invests RM140mil to build its first aquaculture food factory in Taiping
Ringgit steady vs US dollar as investors await key US data
Hup Seng records higher 2Q earnings
Inta Bina secures RM115.65mil construction contract
Hextar Portfolio makes RM0.43 per share takeover offer for Hextar Retail
Well Chip plans new pawnshops to drive growth

Others Also Read