Poser over ballooning costs for rail projects

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The story "Poser over ballooning costs for rail projects" was covered 1 weeks ago by The Star, a news publisher based in Malaysia.

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The Star 1w ago

Poser over ballooning costs for rail projects - The Star

Quick Summary:

The recent news of the Rapid Transit System’s (RTS Link) cost increasing RM1.207bil from its projected RM4.038bil in 2018 has spurred analysts to question how this might impact the government’s current financial position.

Wan Agyl Wan Hassan, managing partner at Agyl and Partners agreed, stating that it has become crucial to adopt an approach that emphasises efficiency and accountability to keep costs in check and ensure timely completion for the greater good.

Wan Agyl said another factor to consider is bureaucratic inefficiencies, which need to be addressed to expedite progress and reduce costs.“This means cutting through red tape, streamlining approval processes and eliminating unnecessary regulatory hurdles.