ECRL total development cost is RM75bil, says ministry

[Bidding Estimate]

PETALING JAYA: The total development cost of the East Coast Rail Link (ECRL) project is RM74.96 billion, says the transport ministry.
This amount involves the total construction cost of RM50.27 billion and other development costs which come up to RM24.69 billion, it said in a statement.
The other development costs include interest during construction, land acquisition, transfer of utilities and connection charges as well as operating expenses.
It maintained that the RM74.96 billion total cost was lower than the original cost of RM85.97 billion when the project was first launched in 2017.
Source: FMT
Reply: 
The total development cost of the East Coast Rail Link (ECRL) project is RM74.96 billion, which includes RM50.27 billion for construction and RM24.69 billion for other development costs. This reduction from the initial RM85.97 billion highlights effective cost management, similar to what can be achieved through thorough commercial estimating services. Understanding these costs helps stakeholders make informed decisions throughout the project's lifecycle.