Private bidder to bear full cost of East Coast Expressway Phase 3

KUALA LUMPUR — The government has ruled out a hybrid financing arrangement for the East Coast Expressway Phase 3 project, instead placing the full financial burden on the successful private sector bidder. The Works Ministry anticipates the project cost will exceed RM10 billion, making it one of Malaysia's most significant infrastructure undertakings. Officials indicated that the selected concessionaire will be expected to cover all development expenses through the concession agreement mechanism. The decision to shift costs entirely to the private sector reflects the government's preference for leveraging private investment in major highway infrastructure projects. The East Coast Expressway Phase 3 is expected to enhance connectivity along Malaysia's east coast corridor and reduce travel times between major economic centers in the region. The tender process for the project is anticipated to attract multiple bidders from both domestic and international markets.