MRT Corp: RM16.8 Bln LRT Mutiara Line Budget Reflects Market Conditions, Not Cost Overrun
KUALA LUMPUR, Aug 21 (Bernama) -- The revised RM16.8 billion ceiling for the LRT Mutiara Line is not an uncontrolled cost escalation but reflects market conditions over the past eight years, according to Malaysia Rapid Transit Corporation Sdn Bhd (MRT Corp).