Surprise railway win for YTL


YTL did build the Express Rail Link (ERL) infrastructure back in 1996, but it has been quiet on this front, especially when the numerous rail projects were announced in the past three years. (File pic shows: (from left) ERL chief executive officer Noormah Mohd Noor, YTL Corp executive chairman Tan Sri Yeoh Tiong Lay, ERL executive chairman Tan Sri Mohd Nadzmi Mohd Salleh, Transport Minister Datuk Seri Liow Tiong Lai, YTL Corp executive director Tan Sri Francis Yeoh and Deputy Transport Minister Datuk Ab Aziz Kaprawi at a ceremony to unveil the new train coach for KLIA Transit line at ERL depot in Salak Tinggi on Oct 20, 2016.)

PETALING JAYA: Among the many railway construction contracts that have been dished out of late, one in particular stands out from the rest.

This is because the recent construction contract for the Gemas-Johor Baru work package was awarded to YTL Corp Bhd, a company which has not been active in the local rail scene of late.

Celebrate Merdeka with 50% Off!
T&C applies.

Monthly Plan

RM13.90/month
RM6.95 only

Billed as RM6.95 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM6.17/month

Billed as RM78 for the 1st year then RM148 thereafters.

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!
   

Next In Business News

Ringgit seen to trade higher next week
Oil prices settle US$1 down as supply set to rise
Smoothing the way for EVs
Mah Sing records robust eight-month performance
MSM aims for 45,000-tonne grain sugar export to China
Opening the national electricity grid
Refinancing option likely
Malaysia Airlines at pivotal crossroads
Taking a leaf of electricity reforms from other countries
New CIMB Group CEO Novan upbeat about prospects for 2H24

Others Also Read