Oh ! Before I forget ....
The other day, I read in the news that the MRT was to cost some RM 36 billion. But today, it's mentioned that the MRT is to cost some RM 36.6 billion. So, in a matter of a couple of weeks, the cost has gone up by RM 600 million. I won't be at all surprised that not before long, it will be mentioned in the local news again that the MRT is to cost some RM 40 billion. Why is it that so many projects always seem to cost much more than the original estimates, never less ?
I remember the East Cost Highway that cost 30% more than the original estimate, which, old Sammyvellu claimed was only a slight increase. Then, there was the cost of the second Penang Bridge that kept going up even before construction started. Lately, the new Istana, now under construction, that was originally estimated at some RM 400 million plus has its cost gone up to a few millions shy of RM 800 million. I won't be surprised that once completed, the final cost will hover around RM 1.0 billion if not much more !
I am now waiting for the new cost estimate of the announced RM 5.0 billion Warisan Merdeka.