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Corporate News

MRT 3 to cost RM31bil to RM50bil

By INTAN FARHANA ZAINUL
MRT Corp chief executive officer Datuk Mohd Zarif Hashim

KUALA LUMPUR: The Mass Rapid Transit Line 3 (MRT3) Circle Line project, which is estimated to cost between RM31bil and RM50bil, will be funded via sukuk issuances.

MRT Corp CEO Datuk Mohd Zarif Hashim said the construction of the MRT 3 project is estimated to cost RM31bil, about RM8.4bil has been earmarked for land acquisition while the remaining RM8bil for interest payment.

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MRT , Mass Rapid Transit , MRT 3 , Mohd Zarif Hashim

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