MRT 3 to cost RM31bil to RM50bil


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.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Affinity in talks to buy Penang-based Golden Fresh
AirAsia founder plots low-cost Dubai-like hub in Bangkok, Kuala Lumpur
China makes moves in digital culture market
Over 90% of entrepreneurs have yet to adopt e-invoicing - expert
Oil heads for weekly gains on anxiety over intensifying Ukraine war
S&P lowers outlook on three Adani units after US indictment of founder
Bumi Armada posts higher net profit of RM211.33mil in 3Q
Affin Bank's net profit jumps 45% to RM145.82mil in 3Q
KLCI remains positive as heavyweights bounce higher
Malaysia's inflation comes in at 1.9% in Oct

Others Also Read