Selangor yet to finalise funding for RM3 billion Shah Alam Stadium redevelopment
THE Selangor government has yet to determine how it will finance the redevelopment of the Shah Alam Stadium complex, with its investment arm still studying possible funding sources for the RM3 billion-plus project. The status of the land swap arrange...
The Selangor government has yet to finalize plans for financing the redevelopment of the Shah Alam Stadium complex, which cost over RM3 billion. More than three years after the project was approved and the old stadium demolished, the state's investment arm continues to examine potential funding sources. Opposition Leader Datuk Seri Mohamed Azmin Ali expressed frustration over the lack of updates, questioning the progress and timeline of the RM3 billion-plus project.
Azmin noted that the Second Selangor Plan (RSK2) only briefly mentioned KSSA as a future sports landmark, with no further details provided. The lack of an economic impact report and no commitment to expedite the project further raised concerns. Azmin submitted a written question to the state government, only to be informed that as of August 10, the Menteri Besar Selangor (Pemerbadanan) (MBI) was still reviewing possible financing options.
The state government has not identified a funding source, leaving the project's completion timeline uncertain. Azmin also expressed concerns about the project's future if there were changes in the state administration after the 16th General Election.
Written by urgent.news from The Vibes's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.