News about MRT3

“We think any interested parties will have to form joint ventures (JVs) or partnerships with foreign players with the technical knowledge and also strong financial backing.

The global industry players were from the United Kingdom, Spain, Germany, the Netherlands, Australia, mainland China, South Korea, Japan, Hong Kong, Thailand and Singapore, said MyHSR in a statement.

The development is one of the strategic, high-value national flagship energy transition projects that have been set out under the National Energy Transition Roadmap (NETR) launched on Thursday (July 27), for which Khazanah was named as the champion for the RE zone in the country.

ERL said the first train from KL Sentral will be at 5am, while the first train departure from KLIA Terminal 2 will be at 4.

Ibrahim Sahari, 59, said fellow former senior director Datuk Zarul Ahmad Mohd Zulkifli told him that said money was paid to ensure that CZCSB secured future projects.

In his affidavit filed on behalf of the defendants (the government), solicitor general Datuk Ahmad Terrirudin Mohd Salleh said that the subject matter of the lawsuit was related to the Cabinet’s decision on Dec 12, 2020, a public policy decision which was based on bilateral negotiations and research on cost and economic benefits for the country.

“So far, the response has been positive.

"Globally, developments of HSR have proven to be growth engines, bringing about catalytic development and growth as well as multiplier effects that benefit all walks of life.

It noted that as Mass Rapid Transit 3 (MRT3) contract rollout could likely take a longer time — sometime in late 4Q2023 or early 1Q2024 — contractors may fill in the temporary void of local infrastructure jobs by focusing on industrial ones.

All the contracts were awarded to the group's 60%-owned unit, Trackwork & Supplies Sdn Bhd, said AWC in bourse filings.