JLand Group, CGS MY to drive cross-border investment for Johor-Singapore SEZ
The non-binding MOU outlines a partnership model intended to connect Asean and global capital markets with ready-to-develop industrial zones in Johor.
The non-binding MOU outlines a partnership model intended to connect Asean and global capital markets with ready-to-develop industrial zones in Johor.
"Khazanah's investment is based on the government's mandate to develop Iskandar Malaysia as a special economic corridor and this effort has been extended to Desaru Coast in line with the broader development efforts in Johor.
An open tender for the second main civil works package (CMC2)—which covers the alignment from Macallum to Penang Sentral, including a bridge across the Penang Strait—will be launched soon.
Rapid Rail Sdn Bhd reported that a technical investigation found that a greater number of fibre optic cables had been cut and stolen, requiring extensive repairs to ensure stable and safe operations can be resumed.
Minister in the Prime Minister’s Department (Federal Territories) Datuk Seri Dr Zaliha Mustafa said investigations by a special task force led by the Kuala Lumpur City Hall (DBKL) found that the incident was not caused by the presence of a limestone layer beneath the ground, as initially feared by the public.
"All three incidents occurred within the defect liability period (DLP), during which the contractors are fully responsible for rectification, performance, and reliability," MAHB said, adding it has convened multiple joint technical meetings with both Alstom and IPJV’s senior management to identify contributing factors and expedite corrective measures.
Rapid Bus acting chief executive officer Ku Jamil Zakaria said they will consolidate three existing booking apps—Mobi, Trek Rides and Kummute—into a single integrated application, called Rapid On-Demand, to facilitate the booking process and enhance user experience.
Responding to reports that Gamuda had withdrawn its bid for the segment, Chow said the state government had not received any official notification and that the issue will not affect the overall project.
The project is one of the main initiatives for Penang that was announced by Prime Minister Datuk Seri Anwar Ibrahim when he tabled Budget 2025 on Oct 18 last year.
Bagan member of Parliament Lim Guan Eng: Penang, which lacks natural resources, needs a fresh economic driver to maintain its momentum and advance further.