LPT3’s winning bidder will foot the bill, Works Ministry expects the cost to top RM10b

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Malaysia’s Works Ministry expects the cost of the East Coast Expressway Phase 3 (LPT3) to exceed RM10 billion, with the winning bidder expected to bear the bill. The government says it has not proposed a hybrid financing model for the project.

KUALA LUMPUR, Nov 11 — The government has not proposed a hybrid financing model for the East Coast Expressway Phas...