Blame game in LRT3 project


PETALING JAYA: Syarikat Prasarana Negara Bhd and the project delivery partner (PDP) are blaming each other for the cost escalation in the Light Rail Transit 3 (LRT3) project.

In a report to the Finance Ministry, Prasarana contended that the PDP of Malaysian Resources Corp Bhd and George Kent Bhd (MRCB-GK) failed to carry out its duties extensively resulting in awards being given out that cumulatively resulted in the project exceeding the budget of RM9bil.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

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!

Business , LRT , blame , Prasarana

   

Next In Business News

Oil gains 1% on hopes of firmer demand
JPMorgan investors weigh CEO Dimon’s strategy, succession plan
Muhibbah rides on Cambodian tourism uptick
Feytech gears up for expansion to meet growing demand
Ready to rise up the ranks again
SC working overtime to combat spread of scams
Russia and Malaysia sign tax agreement
MGB ACHIEVES 23% PROFIT SURGE IN 1Q24
GDP up 4.2% in 1Q24
Chinese firms invest in ‘green’ jet fuel

Others Also Read