News About MRT2

MMC-Gamuda formalises role in MRT2 as turnkey contractor

Jan 17

KUALA LUMPUR (Jan 17): MMC Corp Bhd and Gamuda Bhd have today formalised their roles in the Mass Rapid Transit Sungai Buloh-Serdang-Putrajaya (SSP) line (MRT2) as joint turnkey contractor, from project delivery partner (PDP) previously.

MRT2 is 70% complete, says Guan Eng

Jan 17

PUTRAJAYA (Jan 17): The current work progress for the Mass Rapid Transit Sungai Buloh-Serdang-Putrajaya Line, also known as MRT2, is 70% complete, according to Finance Minister Lim Guan Eng.

Mestron bags MRT2 LED tunnel lighting job

Oct 17

KUALA LUMPUR (Oct 17): Mestron Holdings Bhd has accepted a Project Wide Supply Agreement with MMC Gamuda KVMRT (T) Sdn Bhd to supply and commission LED Tunnel Lighting for Mass Rapid Transit Laluan 2: Sungai Buloh–Serdang–Putrajaya.

Economic Outlook 2020 Report: Malaysian economy to grow 4.8% in 2020 vs 4.7% in 2019

Oct 11

KUALA LUMPUR (Oct 11): Malaysia's real gross domestic product (GDP) is expected to grow by 4.

Upcoming Budget 2020 expected to boost construction job growth

Oct 07

Construction sector Maintain neutral: We expect the upcoming Budget 2020 announcement on Oct 11 to prioritise public transport projects but limited to those already awarded, revised and approved: Light Rail Transit Line 3 (LRT3), Mass Rapid Transit Line 2 (MRT2) and East Coast Rail Link (ECRL).

Vertice bags RM22m construction jobs related to MRT2

Aug 14

KUALA LUMPUR (Aug 14): Vertice Bhd’s wholly-owned unit Vertice Construction Sdn Bhd has bagged two contracts worth a combined RM22 million for works on the Mass Rapid Transit Sungai Buloh–Serdang–Putrajaya (SSP) Line, also known as MRT2.

MRT2 37% complete, on track to be completed by July 2021

Nov 14

KUALA LUMPUR (Nov 14): Klang Valley's second mass rapid transit line (MRT2) is more than 37% complete, and is on track for full completion by July 2021.

Gamuda's MRT2 profit sacrifice preferable to contract termination, say analysts

Oct 29

KUALA LUMPUR (Oct 29): While the revised cost structure of the mass rapid transit Sungai Buloh-Serdang-Putrajaya Line (MRT2) project could result in only a marginal total earnings contribution, analysts believe Gamuda Bhd's sacrifice in its profit margin is still preferable to a contract termination.

MRT2: Margin squeeze inevitable

Oct 29

KUALA LUMPUR (Oct 29): The good news that MMC-Gamuda KVMRT (T) Sdn Bhd received last Friday that the consortium will remain the contractor for the underground portion of the mass rapid transit Sungai Buloh-Serdang-Putrajaya Line (MRT2) project comes with a catch.