Rgt50bil and most of it borrowed at 8% per year. Wouldnt that be about rgt4bil a year just to pay the interest?
Theres only 2mil penangites and notall will use the transport daily.
Assuming 200,000 people spend 5rgt daily, that is only rgt 1mil a day. If the train works for 365 days, at best it would be rgt300 mil a year.
Who would pay the …
Who would pay the rest of the rgt4bil interest per year?
Who would guarantee the principal amount when it matures?
Lol..petronas?
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Rgt50bil and most of it borrowed at 8% per year. Wouldnt that be about rgt4bil a year just to pay the interest?
Theres only 2mil penangites and notall will use the transport daily.
Assuming 200,000 people spend 5rgt daily, that is only rgt 1mil a day. If the train works for 365 days, at best it would be rgt300 mil a year.
Who would pay the rest of the rgt4bil interest per year?
Who would guarantee the principal amount when it matures?
Lol..petronas?