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TOPICS Star Golden Hearts Award | Stop the Bullying | True or Not | Moderate Malaysia

MRT 3 could cost RM35b to

RM40b, says CIMB Research
ANALYST REPORTS

Thursday, 7 Sep 2017

8:10 AM MYT

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KUALA LUMPUR: The Mass Rapid Transit 3 (MRT3) Circle L Hock Seng Lee declares end to court case involving
Valley’s construction cost could be between RM35bil and RM family feud
40km total alignment or 70% underground, says CIMB Equit
CONSTRUCTION
It said on Thursday this is also based on RM1bil cost/km for Pavilion Damansara Heights is ‘the address’
portion (benchmarked against MRT 2) and RM500mil cost p
above-ground portion.
PROPERTY

“Maintain sector Overweight. Downside risks are election/p TRX retail mall gets three anchor tenants
project delays and funding dif culties. 

“While sector bene ciaries of rail contracts are broad-based

our top big-cap rail play and it could emerge as the biggest w
Market Summary
RM55bil East Coast Rail Link (ECRL) and LRT 3 underground
and MRT 3 in 2018,” it said.   Quotes are delayed by at least 15 mins
Updated: 20 Oct 2017|6:50 PM
CIMB Research quoted a local news report that the governm
FBM KLCI
construction of MRT 3 ahead of its planned completion in 20 Vol ('00)
economic bene ts of the project. 1740.65 -3.34 -0.19%
26,193,300

Transport Minister Datuk Seri Liow Tiong Lai was quoted say
proposition was being discussed and Prime Minister Datuk S FBMKLCI
Razak was receptive to the idea. 

"We have planned to complete MRT2 in 2024 and MRT3 in 2

at the bene ts that we can reap from the MRT projects, the
proposed to see whether we can bring forward the completi
2027. 

“We can start planning now, because the implementation wi

  It's already 2017 and we don't need to wait another 10 year Day's Range Gainers 438
quoted saying.    Low 1740.65
High 1745.41 Losers 437
He added: "The prime minister is quite agreeable to the plan
forward, but we will leave the details to the EPU (Economic
SPAD (Land Public Transport Commission) and the Prime M 52 Weeks Range Unchanged 392
Low 1614.11
CIMB Research said this news is a positive surprise as it had 1797 Untraded 577
High
updates on the progress of MRT 3 post the announcement o