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Bumiputera Companies To Receive 45% Of RM9 Billion LRT 3 Projects

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KUALA LUMPUR – The government has announced that 45 per cent of the Light Rail
Transit 3 (LRT 3) contracts worth RM9 billion would be awarded to Bumiputera
companies through the “carve out and compete” concept .

Prime Minister Datuk Seri Najib Tun Razak said the eligible companies had to
compete among themselves based on merit.

“It (contracts) is not being randomly awarded and they (Bumiputera
companies) must prove their ability and consideration will be given based on
merit,” he said after chairing the Bumiputera Economic Action Council here
today.

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