Finance minister gives partial breakdown of RM50.2b MRT3 cost, full details only later

Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz addresses users of Parliament in Kuala Lumpur July 19, 2022. — Bernama pic

By Yiswaree Palansamy

Tuesday, 02 Aug 2022 2:36 PM MYT

KUALA LUMPUR, Aug 2 — Some particulars of the significantly anticipated RM50.2 billion MRT3 have eventually emerged subsequent Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz’s disclosure in a composed parliamentary reply.

The senator was responding to Lembah Pantai MP Ahmad Fahmi Fadzil who experienced questioned for a specific breakdown for the MRT3 task, and if the governing administration would look for Parliament’s approval for its implementation.

The minister stated that RM34.2 billion is for development, RM8.4 billion for land acquisition, RM5.6 billion for task management and RM1.9 billion for other expenditures which have been not specified in his penned reply yesterday.

“However, the in general task price tag will be decided just after the open tender procedure is done,” Tengku Zafrul said.

The tender briefing for the Job Administration Consultancy (PMC) deal for MRT3 was held in Could though tender briefings for the 3 civil primary contractors packages were being completed in the to start with week of July, Bernama claimed formerly.

The national information company also cited the enterprise in demand, Mass Fast Transit Company Sdn Bhd (MRT Corp), as indicating that the MRT3 construction will see five Tier 1 principal contractors be appointed to guide its implementation, which is compared with the prior MRT2 Putrajaya Line.

MRT3 is touted as the last essential piece in the government’s formidable plan to link the densely populated Klang Valley as a result of a rail network.

The significant sizing of its development has been divided into a lot of smaller sized packages to present lots of enterprise opportunities for regional building firms to stimulate the domestic economy.

The MRT3 job experienced been shelved by the Pakatan Harapan coalition that was elected into federal energy in the 2018 polls but picked up yet again very last calendar year by the succeeding administration led by Tan Sri Muhyiddin Yassin.