About Us
About Us
The establishment of DanaInfra Nasional Berhad (“DanaInfra”) was pursuant to the Economic Council’s decision on 14 June 2010 after an in-depth consideration for the need to have an Infrastructure Financing Entity (“IFE”) to advise and undertake funding for the proposed Mass Rapid Transit Project (“MRT Project”). The main objectives of the IFE are to:
- Separate fund raising activity from infrastructure construction;
- Develop the most cost competitive, efficient and sustainable financing models; and
- Maintain Government’s fiscal position through the most competitive financing and timely disbursement of funds.
Consequently, DanaInfra was established on 3 March 2011 as a company wholly-owned by Minister of Finance, Incorporated with the main objective to undertake funding for infrastructure projects mandated by the Government.
As a funding vehicle for certain infrastructure projects, DanaInfra has a role and mandate to:
- Advise on best methods of fundraising exercise and most effective payment structures;
- Develop best structures for long-term funding at efficient cost;
- Execute and implement fundraising and payment strategies; and
- Identify strategic investors.
The projects that have been mandated to DanaInfra are the MRT Kajang Line Project (previously known as Sungai Buloh – Kajang Line or MRT Line 1), MRT Putrajaya Line Project (previously known as Sungai Buloh – Serdang – Putrajaya Line or MRT Line 2), Land Acquisition Cost of Circle Line (MRT3) Project, Pan Borneo Highway Sarawak (Phase 1) Project and Light Rail Transit Line 3 Project.