Fewer but bigger LRT3 packages to go around
THE RM9 billion worth of jobs to be awarded under the third light rail transit (LRT) line project by the end of the year has been one of the bigger catalysts in the pipeline for the construction industry.
PROPERTY SNAPSHOT 4: What’s hot in Kelana Jaya?
• Today, we look at price growth and indicative asking rental yields for non-landed homes in Kelana Jaya.
Prasarana to award tenders for RM9b LRT 3 project in 2H
KUALA LUMPUR (April 27): Prasarana Malaysia Bhd expects to start awarding tenders for the RM9 billion light rail transit Line 3 (LRT 3) project in the second half of the year (2H).
MRCB-George Kent’s win with RM11.5 billion LRT3 bid shocking, say industry insiders
KUALA LUMPUR (Sept 14): Putrajaya has been urged to reconsider its decision to appoint Malaysian Resources Corp Bhd (MRCB) and George Kent (M) Bhd as its project delivery partner for the Light Rail Transit 3 (LRT3) from Bandar Utama to Klang.
LRT3 set to boost MRCB’s earnings
KUALA LUMPUR (Sept 8): Malaysian Resources Corp Bhd (MRCB) expects to see a surge in its earnings by 28% for financial year ending Dec 31, 2016 (FY16) contributed by the RM9 billion light rail transit Line 3 (LRT3) project, the digitalEdge DAILY reported today.
Three outfits said to be on shortlist for LRT3 PDP
KUALA LUMPUR (June 22): Three outfits — a joint venture between Naza TTDI Sdn Bhd and China’s CSR Zhuzhou Electric Locomotive Co Ltd (Naza TTDI- CSR Zhuzhou JV), a partnership involving Malaysian Resources Corp Bhd (MRCB) and George Kent (M) Bhd (MRCB-George Kent JV), and UEM Group Bhd — are understood to be the front runners for the role of project development partner (PDP) in the proposed RM9 billion third light rail transit line (LRT3).
LRT3 aims to spur development at Johan Setia, Klang
KUALA LUMPUR (May 12): The proposed alignment of the Light Rail Transit Line 3 (LRT3) will terminate at Johan Setia in Klang, which is the proposed location for the last station that will be the main depot for the railway scheme, said group managing director of Prasarana Malaysia Bhd Azmi Abdul Aziz (pictured) today at a media conference announcing the public inspection for the LRT3 railway scheme.
