How significant are highways to property prices?
Investors take heed: “Follow the infrastructure to find the property hotspot” is no longer the only golden mantra for investing.
PLUS Highway concessions decision still undecided
KUALA LUMPUR (Nov 23): The decision concession agreement with PLUS Malaysia Bhd (PLUS) is still being discussed in the Cabinet, the Dewan Rakyat was told today.
Sunway Construction consortium bags highway job in India worth RM315m
KUALA LUMPUR (Oct 28): Sunway Construction Group Bhd (SunCon) has secured a contract worth RM315 million from the National Highways Authority of India (NHAI) via a consortium.
Completion date for Sabah Pan Borneo Highway to be announced after tabling of 12MP, says Deputy Works Minister
KUALA LUMPUR (Aug 17): The new completion date for the Sabah portion of the Pan Borneo Highway will be announced after the tabling of the 12th Malaysia Plan (12MP), which is scheduled for early next year, said Deputy Works Minister Datuk Eddin Syazlee Shith (pictured).
PN govt will not revert to PDP structure for Pan Borneo Highway — minister
KUALA LUMPUR (July 23): The Perikatan Nasional (PN) government will not revert back to the project delivery partner (PDP) structure for the Pan Borneo Highway project, although the Ministry of Works has put in place a mitigation plan to further improve the execution of the project.
PN may not proceed with takeover of Gamuda's four highways, says Affin Hwang
KUALA LUMPUR (June 25): The Perikatan Nasional (PN) government may not proceed with the takeover of four toll highways which Gamuda Bhd has a majority stake in — Damansara-Puchong Expressway, SPRINT Expressway, Shah Alam Expressway, and SMART Tunnel — according to Affin Hwang Capital Research.
Five-year-old stopped on US highway wanted to buy Lamborghini, police say
KUALA LUMPUR (May 6): A US trooper stopping a car with a suspected “impaired driver” on a US highway on Monday was bemused to find a five-year-old in the driver’s seat, Reuters reported today.
SunCon secures RM508m highway project in India
KUALA LUMPUR (March 26): Sunway Construction Group Bhd (SunCon) said it had received a letter of award (LoA) on highway construction, from the National Highways Authority of India (NHAI) worth a total 8.
ELITE’s Ebor entry toll resumes operations
KUALA LUMPUR (March 20): PLUS Malaysia Bhd said the southbound Ebor toll plaza (entry) in the North–South Expressway Central Link (ELITE), where a toll operator tested COVID-19 positive on March 18, has resumed operations at midnight today.
WCE begins toll collection at Section 5 of West Coast Expressway
KUALA LUMPUR (March 2): WCE Holdings Bhd says toll collection has started at Section 5 of the West Coast Expressway, operated by its 80%-owned unit West Coast Expressway Sdn Bhd.
