Business

Cabinet agrees to implement MRT3, improve Pan Borneo Highway, among others

It will also increase, expedite flood mitigation projects with additional RM15 bil, says PM

Updated 4 years ago · Published on 04 Mar 2022 5:58PM

Cabinet agrees to implement MRT3, improve Pan Borneo Highway, among others
Datuk Seri Ismail Sabri Yaakob says the nod given to the MRT3 project’s implementation aimed to complement existing public transport infrastructure in the Klang Valley by providing integrated, affordable and seamless services to Malaysian families. – Bernama pic, March 4, 2022

KUALA LUMPUR – The cabinet today agreed to implement the Mass Rapid Transit Line 3 (MRT3) and improve the implementation of the Sabah-Sarawak Pan Borneo Highway and flood mitigation projects.

Prime Minister Datuk Seri Ismail Sabri Yaakob said priority would be given to local contractors, especially bumiputeras.

He said this is also aimed to create business and job opportunities for Keluarga Malaysia, driving the country’s economic development and growth.

“The implementation of high-impact infrastructure projects in the peninsula, Sabah and Sarawak, including the construction of integrated rail lines and highways as well as flood mitigation projects, will catalyse economic development and contribute to the country’s competitiveness and the well-being of the people.

“The decision to implement those projects reflect the government’s concern to provide various opportunities for Malaysian families and strengthen the momentum of the country’s economic recovery,” he said in a statement here today.

Ismail Sabri said the nod given to the MRT3 project’s implementation aimed to complement existing public transport infrastructure in the Klang Valley by providing integrated, affordable and seamless services to Malaysian families.

The MRT3 project was suspended by the Pakatan Harapan administration before the new cabinet under the leadership of Tan Sri Muhyiddin Yassin agreed to resume the project last year.

Meanwhile, Ismail Sabri said the government also agreed to go ahead with the implementation of 19 additional work packages of Sabah LPB covering a distance of 367km and a construction period of five years.

He said the first phase of the Sabah LPB, which encompasses 15 packages, had seen 52% progress and was expected to be fully completed by October 2024, while the work progress of the first phase of Sarawak LPB involving a 786km alignment had reached 78%.

“To complement the Sarawak LPB, the government has also agreed to implement the Sarawak-Sabah Link Road project and the Trans Borneo Highway project,” he said.

Apart from that, he said the cabinet also agreed to increase and expedite the implementation of flood mitigation projects with an additional allocation of RM15 billion for 2023 to 2030, after taking into account the last northeast monsoon surge which resulted in loss of life and property damage.

The government currently provides a development budget of RM1 billion under the 12th Malaysia Plan. – Bernama, March 4, 2022

Related News

Malaysia / 2y

Nanta denies practicing favouritism in Pan Borneo Highway project

Business / 2y

Pan Borneo Highway delay attributed to delivery partner’s termination by previous Sabah govt

Malaysia / 2y

Where are the billions? RCI sought on delayed Pan Borneo Highway in Sabah

Malaysia / 2y

Call to reduce accidents along RM18 bil Pan Borneo Highway in Sarawak

Malaysia / 2y

(UPDATED) No excuses for project delays in Sabah, says Anwar

Malaysia / 2y

Abang Jo lauds ex-CM Adenan, ex-PM Najib for transforming Sarawak

Spotlight

Malaysia

Five fatal helicopter crash victims honoured in Sarawak state awards

Malaysia

No Malaysian is left behind; Budget 2027 puts people first - Anwar  

Malaysia

Panama hit by 6.4-magnitude earthquake

Malaysia

Haze blankets 33 areas with unhealthy air

Malaysia

Malaysia’s 2027 Budget is a steady one: people-oriented continuity rather than bold reform

Malaysia

Budget 2027: What is in it for me?

Malaysia

Budget 2027 steps up Sabah, Sarawak funding by RM2.2b amid push for development parity

Malaysia

Budget 2027: Maternity leave entitlement increased, minimum pension raised to RM1,350

You may be interested

Business

Budget 2027 channels RM270m to SMEs through crowdfunding, P2P financing

Business

Budget 2027 targets foreign e-commerce platforms, channels billions into local firms and startups

Business

Oil slips on Trump’s Iran remarks, but supply risks and strong US dollar keep markets on edge

Business

Malaysia draws US$9.5b in orders for US$1.5b sukuk, cuts borrowing costs