MRT3: New financing model and a ‘game changer’

KUALA LUMPUR (April 17): MRT Corp said in its briefing last week said that the MRT3 mega project will be “game changer” with high “spillover effects” that will boost the technological capabilities of local talent, “support socio-economic development across urban areas along the route and create jobs for Malaysians”.

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MRT3 tender expected in August, says MRT Corp

KUALA LUMPUR (April 13): Mass Rapid Transport Corp Sdn Bhd (MRT Corp) is anticipating scheduling the tender for the Mass Rapid Transit Line 3 (MRT3 Circle Line) in August, said its chief executive officer Datuk Mohd Zarif Hashim.

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MRT Corp CEO Shahril Mokhtar resigns

KUALA LUMPUR (Dec 17): Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) chief executive officer (CEO) Datuk Sri Shahril Mokhtar will be stepping down from his post at the end of the year to pursue other career options.

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MRT2's overall cost can rise to RM50b, Tony Pua says

KUALA LUMPUR (July 20): While Mass Rapid Transit Corp Sdn Bhd (MRT Corp) has said it is trying to reduce the RM32 billion construction cost for the MRT2, government lawmaker Tony Pua says the project’s overall cost could balloon to RM50 billion.

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