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MMC-Gamuda holds out for solution


Under review: MMC-Gamuda was given the mandate to see the completion of the MRT2 as the project delivery partner in February 2014. However after the change in government in May this year, the project came under review.

Under review: MMC-Gamuda was given the mandate to see the completion of the MRT2 as the project delivery partner in February 2014. However after the change in government in May this year, the project came under review.

PETALING JAYA: The MMC-Gamuda joint venture (JV) is holding out for an amicable settlement with the government in regard to the mass rapid transit phase two (MRT2) project.

It said in a statement that the underground portion of the project was 40% completed and it had already offered a RM2.3bil reduction in the price of the underground works that was awarded to the JV at a cost of RM15.47bil in 2016.

Gamuda , MMC , MOF , MRT2 , contract cancellation

   

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