West Coast Expressway needs cash injection

The construction of this Tanjung Dua Belas interchange and toll plaza is deferred pending the opening of West Coast Expressway.

PETALING JAYA: The West Coast Expressway is not expected to generate sufficient pre-financing cashflow to match its debt repayment obligations, according to RAM Ratings.

The rating agency said it might require the injection of monetary support from developer West Coast Expressway Sdn Bhd’s (WCE) shareholders in the early years of its proposed sukuk’s tenure.