PETALING JAYA: The government has approved a RM1.15bil financing from Bank Pembangunan Malaysia Bhd to the loss-making operator of the 233-km West Coast Expressway (WCE).
West Coast Expressway Sdn Bhd (WCESB), an 80%-owned unit of WCE Holdings Bhd
, is set to receive a term-loan facility of up to RM1.15bil to part-finance costs and expenses associated with the WCE.
