LRT 3 to cost RM15 billion, down 47% from original amount | TheStarTV.com

LRT 3 to cost RM15 billion, down 47% from original amount

Published on 22 Feb 2019 4:26:35 PM

Finance Minister Lim Guan Eng says the LRT 3 project will be constructed at a cost of RM15.02 billion, 47% less than the original cost of RM31.65 billion.

He said the cost savings were achieved when the government realised the original capacity of the project exceeded current capacity needs as well as demand for the next 20 years.

Keywords
capital reduction, finance minister limguan eng, lrt3 contract signing, mrcb-gk, prasarana, work package contractors

Finance Minister Lim Guan Eng says the LRT 3 project will be constructed at a cost of RM15.02 billion, 47% less than the original cost of RM31.65 billion.

He said the cost savings were achieved when the government realised the original capacity of the project exceeded current capacity needs as well as demand for the next 20 years.

Keywords:
capital reduction, finance minister limguan eng, lrt3 contract signing, mrcb-gk, prasarana, work package contractors

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