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.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , LRT , blame , Prasarana

Next In Business News

Sime Darby Property acquires Kulai land for RM418.5mil
Malaysia-Hong Kong dual IPO listing framework to take effect next month - Anthony Loke
SD Guthrie posts higher earnings of RM1.55bil in 1H on improved downstream results, land sale
Sideways trading continues on FBM KLCI pending new catalysts
JPMorgan to keep Asia hiring pace after corporate bank growth tops 20%
Trading ideas: MN, AME Elite, Hektar REIT, Inta Bina, Hextar Retail, Industronics, Econframe, United Asiapac, Hup Seng, Well Chip
Singapore GDP grows 5.9% y-o-y in Q2, government raises 2026 forecast on AI boom
Wall Street sees signs of bond-market angst
Minimal impact likely from Farm Fresh Cambodian job�
Bond market to stay firm despite foreign outflows

Others Also Read