Secretary for Transport and Public Works Raimundo do Rosário said he was confident that the Taipa section of the Light Rail Transit (LRT) project will not run further over budget – i.e. the total cost of the project will not exceed 11 billion patacas (US$1.375 billion).
LRT system
The government should finally come up with a proposal for how it plans to fund the operation of the Light Rail Transit (LRT) system, bearing in mind that there are only two years left before the system is slated to start operating in 2019 said Ron Lam head of Macau Synergy Association.