PRIME Minister Datuk Seri Anwar Ibrahim’s announcement of a RM4.7 billion allocation in Budget 2024 to revive the plan to build five stations on the LRT3 line in Selangor that was cancelled in 2018 has raised eyebrows. The 37km LRT3 line will connect Bandar Utama to Johan Setia in Klang.
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Read the article yesterday but didn’t notice all the sources who shall remain nameless.
thing is it’s not really sth you can buy from KK mart how did “they” even come up with the idea of calculating outlays and profit margin that way lol.
given it’s a gov project it’s probably financed, and maybe even a PPP with many stakeholders which all need to be paid… with the ringgit weakening i won’t be surprised if the cost of contract is rapidly inflating as well throughout the supply chain and they add up quickly.
idk if they’re sort of implying that it’s corruption or sth, with no proof other than trust me bro.