MY : Construction - MRT 3 speeds up with private sector funding

A hybrid funding model proposed for MRT 3 (10-30% of cost raised by the private sector), if successful, would allow for speedier implementation. MRT 3’s RM20bn-30bn total estimated cost would stretch over a 10-year period and focus on local contractors/suppliers. Tenders are to begin in Aug. Gamuda as the potential biggest beneficiary of MRT 3 (turnkey and tunnelling contractor roles). MRCB, IJM and WCT are potential MRT winners too.