RM 55bil East coast rail kicks off


This will also be the first project outside the ambit of Keretapi Tanah Melayu Bhd (KTMB). The train will carry both passengers and freight, travelling up to 160km per hour. (File pic of KTM train)

PETALING JAYA: The East Coast Rail Line (ECRL), estimated at RM55bil and the largest ever railway project to be undertaken by the private sector, is poised to kick off.

Sources said some early specifications and breakdown of the tenders could be announced as early as next month. While construction companies have lined up to bid for the multi-billion-ringgit project, Malaysia Rail Link Sdn Bhd (MRL) – the body under the Finance Ministry tasked to undertake the implementation of the ECRL – is said to have assembled a team and roped in personnel with rail expertise from the private sector.

The Star Festive Promo: Get 35% OFF Digital Access

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!
Business , Rail , ECRL , KTMB , East , coast , rail , line , tenders , Gamuda , passengers , cargo , freight ,

Next In Business News

The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read