News about highway

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.

Phase 1 of the highway—covering three sections in Limbang (44.

Bamboo Hills Residences, a project by the esteemed Concord Housing Development Sdn.

The termination proposal was triggered by the lapse of a project operation agreement between main contractor MTD Construction Sdn Bhd and Sabah-based Gammerlite, which was terminated on June 30 due to Gammerlite’s failure to secure the necessary funding.

Under the contract, EPB is to provide traffic management plan and control services for sections one and two of the Kuala Lumpur-Karak Highway for four years, starting Monday until March 2, 2029.

Jessica said venturing into the peninsular is not on the table due to a saturated market, which is currently dominated by “big players”.

Datuk Seri Bung Moktar Radin further alleged that the WP32 package of the Pan Borneo Highway was awarded to a company that failed to meet the pre-qualification criteria in the open tender process.

“The four packages have been awarded on March 22, with physical works poised to start on April 1.

“The proposed project involves the construction of a new tolled elevated highway of approximately 52.

In 2016, Ekovest said it was disposing of its 40% equity interest held in Konsortium Lebuhraya Utara-Timur (KL) Sdn Bhd (Kesturi) to the EPF for RM1.