Penang LRT Project Budget Capped at RM16–17b

Penang LRT project budget capped at RM16–17b

KUALA LUMPUR: The budget ceiling for the Penang Light Rail Transit (LRT) project is capped at around RM16 billion to RM17 billion, said Transport Minister Anthony Loke.

Penang LRT budget capped at RM16b-17b, says Loke

Transport Minister Anthony Loke: The ceiling is set higher than what is required, but we will try to reduce costs through open tender KUALA LUMPU...

Govt to fund Penang LRT from budget, not public-private tie-up

Transport minister Loke Siew Fook says the project will be paid upfront from the development budget to avoid liabilities later.