Expert calls for govt intervention to complete MEX II without bailout
New Straits Times·2025-05-03 20:00
KUALA LUMPUR: The government should intervene in the delayed Maju Expressway Extension (MEX II) project to ensure its completion without a bailout, a transport expert said.
Transport consultant Wan Agyl Wan Hassan said a sustainable solution would be to form a Special Purpose Vehicle (SPV) with equity from government-linked companies (GLCs), partnered with private developers.
This approach, he said, would allow for the raising of a new sukuk to finance the remainder of the highway's construction.
……Read full article on New Straits Times
Malaysia SE Asia News
One-stop lifestyle app dedicated to making life in Singapore a breeze!
Comments
Leave a comment in Nestia App