MRT Corp, Rapid Rail sign MRT handing over deal


The SSP Line will serve a corridor with a population of around two million people stretching from Sungai Buloh to Putrajaya.

KUALA LUMPUR: Mass Rapid Transit Corp Sdn Bhd (MRT Corp) and Rapid Rail Sdn Bhd have signed the MRT handing over and operating agreement, which formally appoints the latter as the operator for the MRT Sungai Buloh-Kajang (SBK) Line.

Besides the operational requirements for the line, the agreement also spells out the obligations that Rapid Rail, a subsidiary of Prasarana Malaysia Bhd, has with regards to maintenance of the rolling stock, stations, systems and other assets.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , MRt Corp

   

Next In Business News

Thai c.bank says intervenes to ease baht volatility, policy rate 'robust'
Indonesia's central bank delivers surprise rate rise to support rupiah
E-commerce bolsters consumption
The art of branding
ACE Market-bound Farm Price aims to raise RM24.5mil from IPO
PCG to focus on advancing growth initiatives, strengthening operational performance
The bead generation
HSS Engineers declares 1.21 sen dividend on strong FY23 financial performance
Asian FX gain as dollar droops, stocks track Wall Street higher
I-Bhd announces RM100mil investment pledge from major shareholder

Others Also Read