16.01.2013 - MRT project in for another round of sukuk financing
The country's biggest infrastructure project the Sungai Buloh-Kajang My Rapid Transit (MRT) is in for another big round of financing. Finance Ministry unit Prokhas Sdn Bhd, the financial adviser of DanaInfra Nasional Bhd established in 2010 to facilitate the funding of large infrastructure projects by the Government, revealed that the next sukuk issuance to finance the mammoth development is expected as early as March and slated to be significantly larger that the current RM1.5bil sukuk series being issued this month. The RM23bil MRT first-line development, incidentally, is Danainfra's maiden project...............................................Full Article: Source
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