News about infrastructure

KUALA LUMPUR (March 16): The Ministry of Finance (MoF) has committed up to RM50 billion in financing for the Mass Rapid Transit 3 (MRT3) Circle Line project, whose initial estimated construction cost is RM31 billion plus land acquisition of RM8 billion.

KUALA LUMPUR (March 15): The Mass Rapid Transit 3 (MRT3) Circle Line project, which is estimated to cost around RM31 billion, will be fully operational by 2030 after receiving the approval from the government.

KUALA LUMPUR (March 15): Transport Minister Datuk Seri Dr Wee Ka Siong said the tender for construction works on the Mass Rapid Transit 3 (MRT3) Circle Line project will be opened for tender in May.

KUALA LUMPUR (March 11): Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) has confirmed the resignation of Datuk Wira Azhar Abdul Hamid as its chairman and director.

KUALA LUMPUR (March 5): The recently approved Mass Rapid Transit 3 (MRT3) Circle Line project is set to catalyse socio-economic growth throughout Malaysia, according to Mass Rapid Transit Corp Sdn Bhd (MRT Corp) chief executive officer Datuk Mohd Zarif Hashim.

KUALA LUMPUR (Sept 27): A specific facilitation fund for infrastructure projects will be established under the Public Private Partnership (PPP) 3.

KUALA LUMPUR (Aug 27): UEM Edgenta Bhd posted a net profit of RM6.

PETALING JAYA (July 29): InvestKL has successfully attracted RM1.

KUALA LUMPUR (Feb 16): Leveraging its strong partnership network, MyTOWN Shopping Centre (pictured) has renewed over 80% of the tenants and utilising the 2020 first term expiries to make key changes to its pool of tenants in order to further align consumer priorities and preferences to relevant offers of its core customer segment.

PETALING JAYA (Feb 16): Emerging opportunities for industrial real estate in Asia-Pacific, particularly in port infrastructure, have changed the overall landscape, according to Knight Frank.