DanaInfra to raise RM50bil for MRT lines

PETALING JAYA: Danainfra Nasional Bhd, the Government’s special funding vehicle for infrastructure projects, has kicked off a financing programme to raise up to RM50bil to fund the Mass Rapid Transit (MRT) projects.

DanaInfra said in a statement that the programme, in the form of Islamic commercial papers and/or Islamic medium-term notes (ICP/IMTN programme) of up to RM50bil was fully-guaranteed by the Government.