By Sharen Kaur
sharen@nstp.com.my
Published in NST on October 19, 2012
THE cost of the Sungai Buloh-Kajang MY Rapid Transit (SBK MRT) project will not exceed the RM40 billion mark, says Mass Rapid Transit Corp Sdn Bhd (MRT Corp) strategic communications director Amir Mahmood Razak.
The final value of the 51km SBK MRT Line 1 will be determined by the end of this year, when all the 85 contracts are awarded.
So far, MRT Corp has awarded 47 packages worth around RM20 billion. Between now and December 31 this year, it will award 38 new contracts worth a combined RM2 billion.
An initial estimate for the SBK MRT project was pegged at around RM37 billion. Speculation has been rife that the project cost would go up to as high as RM50 billion.
sharen@nstp.com.my
Published in NST on October 19, 2012
THE cost of the Sungai Buloh-Kajang MY Rapid Transit (SBK MRT) project will not exceed the RM40 billion mark, says Mass Rapid Transit Corp Sdn Bhd (MRT Corp) strategic communications director Amir Mahmood Razak.
The final value of the 51km SBK MRT Line 1 will be determined by the end of this year, when all the 85 contracts are awarded.
So far, MRT Corp has awarded 47 packages worth around RM20 billion. Between now and December 31 this year, it will award 38 new contracts worth a combined RM2 billion.
An initial estimate for the SBK MRT project was pegged at around RM37 billion. Speculation has been rife that the project cost would go up to as high as RM50 billion.
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"The 85 packages add up to around RM22 billion. If you include other costs like land acquisition and compensation, it will be less than RM40 billion and not as speculated," Amir said.
"The remaining 38 packages are smaller jobs, except for the contract to lay tracks," Amir told Business Times yesterday, after announcing that Gadang Engineering (M) Sdn Bhd had started work for the viaduct work package.
Business Times reported recently that MRT Corp is expected to award soon several contracts worth around RM1.2 billion, namely to lay railway tracks and supply the platform screen door system, among others.
It is understood that the contracts will be announced on Monday, after a sitting of the One-Stop Procurement Committee in Putrajaya, to be chaired by Prime Minister Datuk Seri Najib Razak or Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah.
"The remaining 38 packages are smaller jobs, except for the contract to lay tracks," Amir told Business Times yesterday, after announcing that Gadang Engineering (M) Sdn Bhd had started work for the viaduct work package.
Business Times reported recently that MRT Corp is expected to award soon several contracts worth around RM1.2 billion, namely to lay railway tracks and supply the platform screen door system, among others.
It is understood that the contracts will be announced on Monday, after a sitting of the One-Stop Procurement Committee in Putrajaya, to be chaired by Prime Minister Datuk Seri Najib Razak or Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah.
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