Nod for DUKE expressway Phase 3 privatisation


Ekovest managing director Datuk Lim Keng Cheng(inset) had said last month that it was on track to complete the RM1.2bil DUKE Phase-2 extension by the end of 2016.

PETALING JAYA: The proposed privatisation of the Duta-Ulu Klang Expressway (DUKE) Phase-3 has been approved in principle by the Prime Minister’s Department’s Public Private Partnership Unit, said Ekovest Bhd.

The construction and infrastructure group said that its wholly owned subsidiary, Konsortium Lebuhraya Utara-Timur (KL) Sdn Bhd (Kesturi), had received the letter on Wednesday.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Coastal Contracts secures US$1.14bil Pemex gas project in Mexico
IHH’s Fortis to enhance presence in southern India
FBM KLCI opens week lower amid cautious sentiment
Ringgit strengthens vs US dollar, major currencies on positive fiscal developments
Trading ideas: Mah Sing, KLK, SunCon, Malakoff, Solarvest, Sunview, Perdana Petroleum, SumiSaujana, Protasco, MyNews, Samaiden
Copper nears US$12,000 a tonne as base metals rally
Renewables shine ahead
South Korea proxy fight could derail Trump’s zinc bet
Consumer sector on track for solid 2026
CTOS prospects intact on product development pipeline

Others Also Read