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.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Hotel ownership, one suite at a time
Price homes affordable at cost
Make cities spongy
Charting a new growth phase
Indonesia faces an investor exodus
Branching out beyond palm oil
Safe havens face fresh test
Indonesia’s burning issue
Stocks favoured despite rising risks
Rate normalisation in focus

Air Pollutant Index

Note: API is calculated based on 24hr running average of the most dominant parameter.

Highest API Readings

    Select State and Location to view the latest API reading

    Others Also Read