News about MRT

“More than 60% of the companies have requested for an extension of time as they required more time to form consortiums with potential partners and explore financial options, among others.

Out of the RM31 billion invested in MCKIP, Deputy Minister of Investment, Trade and Industry Liew Chin Tong revealed that RM14.

After the one-month period, cars will be charged the highway’s toll rate of RM3.

As of now, the Malaysian government has not initiated any discussions regarding the HSR with the Singapore government, even during the recent two-day Malaysia-Singapore Leaders' Retreat, according to Transport Minister Anthony Loke.

Transport Minister Anthony Loke stated that this includes the construction of five new stations, the acquisition of three sets of three-car trains to maintain service intervals, upgrading of the train depot, as well as other expenses involving independent checking engineers, project management and legal fees.

This collaboration paves the way for I-Bhd to launch its latest five-dimensional edutainment facility with the latest immersive technology in i-City by December.

Transport Minister Anthony Loke stated that according to the bilateral agreement between Malaysia and Singapore for the implementation of the RTS project, one of the agreed-upon conditions is the termination of the Tebrau Shuttle service six months after the RTS becomes operational.

"If necessary, this system will continue to be developed by enabling the use of other payment modes such as QR code in the next phase of implementation.

Maybank Investment Bank Bhd (Maybank IB) said that Gamuda winning the contract to design and build the Kaohsiung Mass Rapid Transit (MRT) metropolitan line has lifted the group’s outstanding orderbook by 15% to RM23.

Bukit Bintang Member of Parliament Fong Kui Lun pointed out that the Penang LRT project, spanning 23 stations, is estimated to cost RM10 billion, while the five revived stations under LRT3 will cost RM4.