LRT 3 Project

Light Rail Transit Line 3 Project ("LRT 3 Project")

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Light Rail Transit Line 3 Project ("LRT 3 Project")

In January 2021, DanaInfra was mandated to undertake fundraising exercise to part-finance the construction of LRT 3 of up to RM7.6 billion with Government Guarantee.

As at 31 January 2024, the progress of LRT 3 Project is 92.67% with target completion date by 30 November 2024.

 

LRT 3 Project Financing Programme

In 2021, DanaInfra has established the LRT 3 Project Financing Programme comprised of Islamic Commercial Papers and Islamic Medium Term Notes Programme (“ICP/IMTN Programme”) of up to RM7.6 billion in nominal value and RM1.0 billion Syndicated Islamic Revolving Credit with a combined limit of up to RM7.6 billion irrevocably and unconditionally guaranteed by the Government of Malaysia.