News about MRT

The campus in Sedenak Tech Park is part of Yondr Group’s portfolio recently acquired by DigitalBridge Group Inc, which is also one of Vantage’s largest investors.

Leisure Group Ltd would have no recourse or any further claims against Bandar Malaysia once it receives the undisclosed compensation under the settlement agreement, the Singapore-listed firm said in an exchange filing.

The project will commence on Oct 1 with practical completion targeted for April 30, 2027.

MAHB managing director Datuk Mohd Izani Ghani said while there were no disruptions to overall airport operations or passenger transfers between the main and satellite terminals, the airport operator “expects better” from its partners.

MAHB managing director Datuk Mohd Izani Ghani in the statement said, “The aerotrain is a vital link in KLIA’s operations, and we are committed to keeping it reliable for our passengers.

It dismissed claims that the revised ceiling does not reflect “uncontrolled cost escalation” but adjustments to market realities since the project was first mooted nearly a decade ago.

Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz highlighted a significant challenge in the area's telecommunications infrastructure.

Anthony Loke said this comes as the ECRL uses the standard gauge track, which is wider, while Thailand’s State Railway (SRT) operates on a metre gauge, creating a mismatch or a lack of alignment between the two systems.

Transport Minister Anthony Loke: The ceiling is set higher than what is required, but we will try to reduce costs through open tender KUALA LUMPUR (Aug 18): Transport Minister Anthony Loke on Monday announced a budget ceiling of RM16 billion to RM17 billion for the Penang Light Rail Transit (LRT) project.

Located at GBS by the Sea, the 209,000 sq ft facility is designed to support more than 1,200 employees and features open workspaces alongside state-of-the-art engineering labs.