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.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 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

Felda proposes establishing national taskforce to develop oil palm carbon framework
Bursa Malaysia remains lower at midday, KLCI down 0.54%
MUI Properties to buy Ijok land for RM605mil
Geohan sets sights on Singapore to drive regional growth
DRB-Hicom shares up on revised US$110.62mil purchase price for Spirit MY
AirAsia X eyes second-tier cities and broader Europe-Central Asia connectivity next year
Japan's Nikkei skids in subdued Asia as bets of rate hike grow
Oil prices head for 2% weekly gain as Fed hopes boost market, Venezuela tensions loom
Ringgit opens stronger at RM4.10 vs greenback
Subdued trading on Bursa continues as traders await Fed rate decision

Others Also Read