ADVERTISEMENT

Finance Ministry wants drastic cut in RM31bil LRT3 project


“The projected total cost of the LRT3 of RM31.45bil due to poor management by Prasarana requires drastic cost reductions to make the LRT3 feasible and cost-effective,” Lim said in an MoF statement

“The projected total cost of the LRT3 of RM31.45bil due to poor management by Prasarana requires drastic cost reductions to make the LRT3 feasible and cost-effective,” Lim said in an MoF statement

PETALING JAYA: The astronomical cost of the 37-km light rail transit 3 (LRT3) project has to come down drastically from RM31.45bil for the Ministry of Finance (MoF) to support it.

The MoF said it would withhold its support for extra funding unless Prasarana Malaysia Bhd finds a way to slash the total cost of the project.

Corporate News , Lim , Prasarana

   

ADVERTISEMENT