MRT and LRT projects to tighten margins due to fuel price rise


PETALING JAYA: Construction companies currently involved in two of the biggest public transportation infrastructure projects – the RM23bil Mass Rapid Transit (MRT) project and RM7bil Light Rail Transit (LRT) extension project – will have to work on tighter margins in light of the current fuel price rise.

MRT Corp CEO Datuk Azhar Abdul Hamid said the corporation was quite insulated contractually under which construction companies were expected to bear the cost.

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Business , mrtco , datuk azhar abdul hamid , lrt

   

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