Hidden costs much higher than actual project cost


Blame game: It is hard to fathom that Prasarana would dare upscale the design of the LRT3 significantly without the tacit approval of the key officials from the previous government.

CONSIDERING the fact that the real cost of the two rail projects that are being implemented has ballooned, it should not surprise anybody if the cost of completing the prestigious high-speed rail (HSR) project running between Kuala Lumpur and Singapore is more than RM100bil.

Prime Minister Tun Dr Mahathir Mohamad has said the HSR would cost some RM110bil, something that the Economic Affairs Minister Datuk Seri Azmin Ali, echoes. Azmin has said there are “hidden costs” in implementing the HSR.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , hidden costs

Next In Business News

Ringgit likely to trade within 4.04-4.07 range next week
China equities set to shine
Markets look beyond Venezuela shock
Banking on trust
The puzzling MMAG premium exit that wasn’t
Offering luxury for less
Banks snatch up mortgage bonds
EV dreams, petrol reality
Semiconductors still in US crosshairs
Underrated threat of AI-driven inflation�

Others Also Read