Multiplier effect of MRT3

Mass Rapid Transit Corp Sdn Bhd (MRT Corp), the project developer and asset owner of MRT3, issued three tender notices for the civil main contractor (CMC) packages last Friday. The packages comprised the bulk of the construction cost of MRT3 at RM31bil in total based on initial estimations by MRT Corp.

PETALING JAYA: The issuances of tenders for the Mass Rapid Transit 3 (MRT3) Circle Line project are a shot in the arm for the construction sector.

They will boost the sector in terms of revenue generation and the multiplier effect from construction activities will be among the largest for the economy.