RM 55bil East coast rail kicks off

  • Economy
  • Wednesday, 29 Mar 2017

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.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

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


Next In Business News

Boustead-KLK deal terminated with immediate effect on Oct 4
Plans to expand B10 programme, slash windfall tax lift CPO futures higher
Ringgit ends slightly lower against US$
Bursa Malaysia ends in the red, key down 0.29%
Proton records 12,230 vehicle sales in September
Saudi Arabia, Russia to continue voluntary oil cuts
KIP REIT unitholders approve acquisition of KIPMall Kota Warisan
Softbank to grow global IoT business in Apac
Allianz Asia Pacific opens regional delivery centre in KL
Malaysia's refined fuel consumption growth set to slow down over next decade - BMI

Air Pollutant Index

Highest API Readings

    Select State and Location to view the latest API reading

    Source: Department of Environment, Malaysia

    Others Also Read