The Malaysian Cabinet has approved the setting up of a mass rapid transit system for the country's capital Kuala Lumpur, Malaysian Prime Minister Najib Razak said Saturday.

Najib said the 36-billion-ringgit (11.5-billion-U.S. dollars) project is the largest infrastructure development to be carried out in the country. The transit system came as an effort by the Malaysian government to improve public transport in the capital city. It is estimated to generate gross national income of between almost one billion to two billion U.S. dollars per annum from 2011 to 2020 and create 130,000 jobs during the construction period.

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Posted by mopeng at December 19, 2010 1:51 PM