LRT3 project to be continued with a saving worth RM15.02 billion

Lim Guan Eng thumbs up- the Star file pic

KUALA LUMPUR FEB .22:  The signing Agreement of Novasi LRT3 between Prasarana, MRCB-GK and Work Package Contractors (WPC) here today has enabled the LRT3 project to be continued with a saving worth RM15.02 billion .

The agreement is very important as it will help the local economy to grow for the prosperity of the people.

Finance Minister,Lim Guan Eng said, the RM15.02 billion that has been saved will increase the use of public transport services via controlling the prices of train tickets at reasonable rates.

“It will be a waste if the beautiful and newly built transport system is not been used fully by the public due to the expensive tickets as a result of its building costs have not being controlled.

“To ensure the prices of contracts will not be changed, the government has changed the Project Delivery Partner (PDP) between Prasarana Negara and MRCB-GK to Fixed Price Contract (FPC) and this has been agreed upon on 25th January 2019,” Guan Eng said in his speech at the signing ceremony at Prasarana, Menara UOA, Bangsar here today.

Guan Eng said with that agreement, Prasarana will have to pay RM760 million and not RM808 as reported by the media last month (January). This is due to the works worth RM48.6 million has been rationalised.

He added, from RM760 million, Prasarana has paid MRCB-GK at RM504 million while the balance of RM255 million will be paid to WPC after Novasi Agreement has been signed following the terms and conditions.

The LRT3 will provide easy transportation system to two million people residing along the congested areas between Bandar Utama Petaling Jaya and Johan Setia in Klang.

When LRT3 starts in 2024, the distance of 37.6km from Klang to Petaling Jaya will only take one hour.  As a comparison, driving a car will take two hours to reach the same destination during traffic jam.

From feasibility study and the demand for the service, it is estimated that 67,000 will use the LRT3 service per day when it starts its operation in 2024. The demand will increase to 126,000 in 2030 and 219,000 in 2040.

To match the capacity with the increasing demand, LRT3 service will increase its capacity to carry 6,216 passengers per hour every day (passengers per hour per direction or pphpd) in 2024.

However the train could take 67,000 passengers per day and its capacity will be increased to 9,315 pphpd in the year of 2033 before it is increased to 18,630 pphpd in 2042. –Malaysia World News.

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