Six mega projects may be rolled over into Budget 2021


In a note, CGS-CIMB Research said the projects included the Kuala Lumpur-Singapore High-Speed Rail (HSR), which is expected to cost RM68bil, and the Mass Rapid Transit Line 3 or MRT3 (RM45bil).

KUALA LUMPUR: Six mega-projects worth RM143.06bil, announced under Budget 2020, may potentially be rolled over into the upcoming budget given the delays and tender disruptions caused by the Covid-19 pandemic and the movement control order, CGS-CIMB Research said.

In a note, the research house said the projects included the Kuala Lumpur-Singapore High-Speed Rail (HSR), which is expected to cost RM68bil, and the Mass Rapid Transit Line 3 or MRT3 (RM45bil).

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Budget 2021 , mega projects , High Speed Rail , HSR , MRT 3 ,

Next In Business News

The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read