News about Klang Valley

According to RHB Investment Bank (RHB IB), which has received insights from real estate agency Knight Frank Malaysia, a lot of infrastructure projects, property developments, facility expansions and investments are “brewing” in Iskandar Malaysia, which is formed by major cities in Johor.

IOI Properties said the property development segment achieved sales with contracts exchanged at RM1.

The KVDT2 project involves the replacement of existing 25-year-old railway tracks, an electrification system and an upgrade and maintenance of the facilities involving two railway tracks from Salak South to Seremban, and from Simpang Port Klang to Port Klang.

It said the funding issue has been resolved, and construction work was to have resumed in mid-February.

“This effort [to reduce the price] is in line with the renewed drive to improve governance, to reduce the procurement cost to achieve savings that can be shared for the benefit of the rakyat.

"Members of the public will be able to view the detailed information on the proposed MRT3 Project and are encouraged to provide their feedback.

KUALA LUMPUR (Dec 13): Seamless connectivity is among the major pillars of a country’s economy and Malaysia’s government has not left any stone unturned in ensuring its progress although there have been some hiccups along the way as the country fought to curb the spread of Covid-19.

PETALING JAYA (Oct 5): Beyond the cost factor, Malaysia remains a preferred destination for industrial investment in the Asia region, for our well-developed infrastructure, land resources and a large talent pool.

KUALA LUMPUR (Sept 30): The Klang Valley and Melaka will transition to Phase 3 of the National Recovery Plan from Oct 1, while Kedah will move to Phase 2, said Prime Minister Datuk Seri Ismail Sabri Yaakob.

PUTRAJAYA (Sept 22): The Federal Court has fixed Jan 11 next year to hear the government and transport minister's application for leave to appeal relating to a suit filed by the contractor of the Klang Valley Double Tracking Phase 2 (KVDT2) project.