Naza proposes to finance up to 90% of LRT 3

PETALING JAYA: The Naza Group, which is jointly bidding for the role of project delivery partner (PDP) for the development of the RM9bil light rail transit line three (LRT 3) with China-based CSR Zhuzhou Electric Locomotive Co Ltd, has proposed to finance up to 90% of the project.

“The bid by Naza-CSR for the LRT3 project will not just be confined to the role of PDP but will also provide funding of up to 90% of the project cost,” said a source.