Plaza Rakyat project to restart soon

  Work on the long-abandoned Plaza Rakyat project in Jalan Pudu, Kuala Lumpur is expected to begin soon, A 43% stake in the developer - Profit Consortium Sdn Bhd is being bought by China-based Guangzhou Xu Zhuo Enterprise Management Co Ltd, who are expected to pay the outstanding debt due to Kuala Lumpur City Hall (DBKL) “The Plaza Rakyat project is being taken over by a new consortium, which finalised its takeover at end-March.

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Govt hires consultants to revise HSR project

KUALA LUMPUR (May 10): MyHSR Corp Sdn Bhd, the Malaysian project delivery vehicle of Kuala Lumpur-Singapore high-speed rail (KL-Singapore HSR) project, yesterday called for a tender to appoint a commercial advisory consultant (CAC) for the project review exercise.

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