No pressure on KTMB to vacate HQ, says Anthony Loke
"We are aware of the various problems with the old building, hence RAC offered to relocate without rent, free of charge.
"We are aware of the various problems with the old building, hence RAC offered to relocate without rent, free of charge.
Loke said the government is hopeful that the project can start immediately and be completed within four years.
The government will also stop paying ERL fees or charges from the collection of passenger service charges (PSCs) starting 2029.
MRT Corp is currently focusing on the land acquisition process, which involves over 1,000 lots of land, the majority of which are private lots.
Loke said the supplementary concession agreement is seen as a win-win situation between ERL and users, where the best service can be provided by ERL without burdening the operation in terms of costs.
"For every person who uses the My50 travel pass, you are actually receiving RM100 in subsidies from the government, but the public may not be aware, as they believe it is just RM50.
"The Ministry of Transport is in progress of land acquisition for the MRT3 line, but the decision on when to award the project is under the purview of the Ministry of Finance.
Regarding the Johor Bahru-Singapore Rapid Transit System (RTS) Link project, Loke announced that infrastructure work in Malaysia had reached 65% as of the end of December last year, while system work was 33.
The Ministry of Transport (MOT) said the study on the National Airport Strategic Plan began in March last year and was expected to take 18 months to complete.
KUALA LUMPUR (Jun 23): Keretapi Tanah Melayu Bhd (KTMB) has given the assurance that its 265km rail network affected by the Klang Valley Double Tracking (KVDT) rehabilation project is safe and can be used for passengers and freight train operations.