The Malaysian government has allocated a capital injection amounting to RM7.063 billion to cover the financial commitments of companies under the Ministry of Incorporated Finance (MOF Inc).
According to Finance Minister II, Datuk Seri Amir Hamzah Azizan, most of these funds will be used for debt payments and coupons for the country's main infrastructure projects.
Among the projects financed is the Infra Fund, with a payment of RM3.4 billion for the LRT, MRT, and Sarawak Pan-Borneo Expressway projects as well as RM2.3 billion for the LRT3 sukuk.
Syarikat Jambatan Kedua Sdn Bhd received RM1 billion for financing the Penang Second Bridge which was then taken over by Ocean Sunshine to manage the 5 Littoral Combat Ships (LCS) project which has now reached 70% progress.
The government also took over the Sepang International circuit after the restructuring of Malaysia Airports Holdings Bhd (MAHB), with payment in installments from 2023 until 2030.
