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

Data centres underpin earnings for power companies�
MyBeST charges up for execution
Earnings season, inflation data pose test for resilient US stocks
Singapore’s Nasdaq link draws interest
If I were Ganoderma on oil palm trees
Little impact from delays in certification for doctors
KSL’s quiet transformation
The Week Ahead
ART system set to transform Sarawak transport�
Tighter rules to mitigate risks from foreign money

Others Also Read