News about Klang

KUALA LUMPUR (July 16): The Ministry of Transport (MoT) today sought to alleviate concerns over the "rigorous cost rationalisation" of the Light Rail Transit Line 3 (LRT3) project, saying the move would lead to higher operational viability and lower ticket fares.

PETALING JAYA (July 13): While the government’s decision to drop six stations from the LRT3 may have caused a stir among the public, property consultants reckon the effects of the move is not significant and prices of properties along the scrapped stations will not tumble.

PORT KLANG (July 12): The new government will conduct a study to determine the feasibility of the proposed RM200 billion port and maritime city project on Carey Island, said Transport Minister Anthony Loke.

KLANG (July 12): Port Klang's regulatory body, Port Klang Authority (PKA), is currently in talks with the Ministry of Finance (MoF) to restructure the repayment of the remaining RM3.

Construction sector Maintain neutral.

SHAH ALAM: The Selangor state government yesterday said Port Klang, the country’s largest port, is ideal for the development of the second Digital Free Trade Zone (DFTZ), which could boost the port’s ranking to 10th largest container port in the world.

KUALA LUMPUR (July 11): China Communications Construction (ECRL) Sdn Bhd has begun laying off Malaysian staff less than a week after the finance ministry ordered the East Coast Rail Link (ECRL) project suspended.

SHAH ALAM (July 10): The Selangor state government says today that Port Klang, the country's largest port, is ideal for the development of the second Digital Free Trade Zone (DFTZ), which could boost the port's ranking to become the 10th largest container port in the world.

KUALA LUMPUR (July 10): Analysts reckon the third light rail transit (LRT3) line in the Klang Valley is not in danger of being dropped despite talk of Putrajaya reviewing the project because of massive cost overruns.

KUALA LUMPUR (June 29): Ahmad Zaki Resources Bhd (AZRB) is anticipating a positive outlook and an improved bottom line for the financial year ending Dec 31, 2018 (FY18), on the back of ongoing projects and better performance from its plantation division.