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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Crest Builder unit bags RM486mil job
Axis-REIT shows improved quarterly performance
Vietnam apparel companies raise concerns over 2H production
Strong earnings expected for Ancom Nylex
PMIs improve even as weak yen intensifies price pressures
Optimistic outlook for Grade A premium offices
Medical tourism to bolster private hospital growth
Haily wins RM109.5mil contract
ASIAWATER 2024 set to chart course for water resilience
SERC has positive outlook on exports this year

Others Also Read