Sungai Buloh-Kajang MRT project wont cost over RM23bil, says CEO


On track: Azhar says most engagements along the 51km MRT line have gone well but there are some areas with issues, including Jalan Sultan, Jalan Bukit Bintang.

KUALA LUMPUR: The Sungai Buloh-Kajang MRT project will not cost over RM23bil and is on track for completion by July 2017, said Mass Rapid Transit Corp Sdn Bhd (MRT Corp) chief executive officer Datuk Azhar Abdul Hamid.

Market talk has it that the cost of the MRT Line 1 project would exceed RM23bil and go as high as RM50bil. “We will ensure the project stays within the budget,” he said at a media briefing on the MRT Project Progress Report 2012 yesterday.

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!

Next In Business News

ACE Market-bound GHS posts 1Q net profit of RM1.5mil
AAX redesignates Benyamin Ismail as GM, appoints Bo Lingam as group CEO
Favelle Favco secures RM76.3mil crane orders
IJM confirms MACC, IRB presence at office
CAB Cakaran buys industrial building in Pahang for RM2.8mil
Ringgit firms against greenback on economic resilience
PJBumi forms JV with Chinese firm for oilfield equipment production
Malaysia-born billionaire investor Cheah Cheng Hye puts quarter of wealth in gold
Rianlon’s RM1.27bil project boosts Johor’s high-value manufacturing push
Opensys wins RM22mil cash recycling machines supply contract

Others Also Read