Questions raised about local participation as Malaysia issues new MRT tender

November 14, 2017 7:39 PM

KUALA LUMPUR – A tender for the third phase of Malaysia’s MRT system has surprised industry analysts, with the government asking bidders to provide 90 per cent upfront financing for the over RM30 billion (S$9.7 billion) project. The government also want bidders to have handled urban projects costing RM10 billion in the past decade.

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