The planned Universiti Tunku Abdul Rahman (UTAR) will cost somewhere between RM500mil and RM1bil upon completion, says MCA president Dato' Seri Dr Ling Liong Sik.

However, he said the party would not be discouraged or deterred by the huge sum. "Judging from how local universities are built, I think we will have to spend anything from RM500mil to RM1bil over the next five to 10 years.