Friday, September 2, 2016

'MRT Line 3 may cost RM50b'

By Sharen Kaur
Published in NST, August 15

KUALA LUMPUR: THE mass rapid transit (MRT) Line 3, which will loop around the city, may cost at least RM50 billion as a large portion would be underground, say sources.
 
  They said the MRT Line 3 might cover a distance of between 45km and 48km, or longer depending on the final alignment.
 
  "We know that more than 50 per cent of Line 3 will be built underground because it is in the city centre. It could involve 35km of underground tunnelling and that would cost RM35 billion.
 
  "Underground portions are more expensive than at-grade transit lines or elevated guideways. For every 1km of the MRT Line that is built underground with stations and all, the cost is about RM1 billion," sources told Business Times.
 
  The other parts of Line 3 will be either at-grade or have elevated guideways and the cost per kilometre for the latter could be between RM300 million and RM400 million.
 
  "We also need to include the train sets to serve the line. So roughly we are looking at about RM50 billion in construction cost for Line 3," said the source, adding that the new line was expected to have between 25 and 28 stations.
 
  The MRT project, the country's largest infrastructure development, comprises three lines that will serve as the backbone of the integrated public transport network for the Klang Valley.
 
  They first two are the Sungai Buloh-Kajang (SBK) Line 1 and Sungai Buloh-Serdang-Putrajaya (SSP) Line 2.
 
  The underground portion of the SBK Line cost RM8.3 billion for 9.5km, while the SSP underground line cost RM15.47 billion for 13.5km.
 
  Overall, the construction cost for the SBK Line is RM23 billion while for the SSP Line, it is expected to be RM30 billion.
 
  The source said Line 3, also known as the Circle Line, was in the final planning and evaluation stage.
 
  Line 3 is expected to cover the hotspots surrounding Ampang Jaya, Kuala Lumpur City Centre, Jalan Bukit Bintang, Tun Razak Exchange, Bandar Malaysia, KL Ecocity, Pusat Bandar Damansara, Mont Kiara and Sentul.
 
  On Friday, Mass Rapid Transit Corp Sdn Bhd (MRT Corp) chief executive officer Datuk Seri Shahril Mokhtar said the company expected to submit the study on Line 3 to the government by year-end.
 
  "We started the feasibility study early this year and we will present it to the Land Public Transport Commission (by year-end)," he said after the signing of a memorandum of understanding between Credit Guarantee Corporation Malaysia Bhd and MRT Corp.

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