Is MRT3 Plan Financially Sound?
Pankaj C. Kumar, Financial Market Columnist and former Chief Investment Officer
The tender for the MRT3 Circle Line is expected to be opened by August, this year. The ultimate cost of the project is as yet unclear, but reports have emerged that MRT Corp is also considering a private funding arrangement of around 10-30%. We speak to Pankaj C. Kumar, Financial market columnist and a former chief investment officer, about the feasibility of this plan.
Image Credit: Shutterstock.com
Produced by: Sim Wie Boon
Presented by: Lyn Mak, Noelle Lim, Roshan Kanesan
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