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Podcast  >  Morning Run  >  Market Watch  >  MRT 3 Construction Stocks To Watch

MRT 3 Construction Stocks To Watch

Chong Tjen-San, Senior Vice President, Alliance DBS

06-Apr-21 09:15

MRT 3 Construction Stocks To Watch

According to media reports, the Mass Rapid Transit Line 3 (MRT 3) has been green lit by cabinet to update studies conducted previously including alignment and costs which will take three months. The roll-out of MRT 3 is seen to be positive for construction sector, however there are questions around how the project will be implement or funded. We speak to Chong Tjen-San, Senior Vice President with Alliance DBS, for a view on the possible catalytic impact of the MRT 3 project, the possible timeline and funding plans, the implications of using a Project Delivery Partner (PDP) or turnkey contractor model, and stocks to watch.

Image credit: EPA

Produced by: Roshan Kanesan

Presented by: Noelle Lim, Roshan Kanesan


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Tags:  constructionMRTMRT3GamudastocksAviation, Auto, Transport, LogisticsGovernment/Regulatory/Policy MakingEconomy, MarketsProperty


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