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.
KUALA LUMPUR (June 22): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) is looking at various ways to reduce the cost of the second line (Line 2), which currently stands at around RM32 billion, said its chief executive officer Datuk Seri Shahril Mokhtar.
KUALA LUMPUR (June 1): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) accepts the Pakatan Harapan government’s decision to cancel the MRT Line 3 project, but hopes it will be revived once the country’s finances improve.
KUALA LUMPUR (March 1): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) says the refurbishing of its tunnel boring machines (TBMs) has saved up to RM400 million or 15% from what it would cost to purchase new machines for the MRT Sungai Buloh-Serdang-Putrajaya line (MRT Line 2).
KUALA LUMPUR (Feb 9): Prasarana Malaysia Bhd and Singapore's SMRT Corp Ltd will form a joint venture (JV) company to operate the Johor Bahru-Singapore Rapid Transit System Link (RTS Link).
KUALA LUMPUR (Jan 19): Three Malaysian consortiums and one Chinese consortium have submitted their turnkey tenders with financing for the MRT Circle Line or MRT Line 3, said Mass Rapid Transit Corp Sdn Bhd (MRT Corp).