Kajang-Putrajaya rail link may be revived


  • Business Premium
  • Monday, 15 Apr 2019

The RM50m contract for Metronic Global is more than 125% of its latest annual published consolidated revenue.

PETALING JAYA: Plans are afoot to revive the abandoned RM400mil Putrajaya rail link with an additional extension up to the Kajang mass rapid transit (MRT) station.

It is believed that Putrajaya Holdings Sdn Bhd, which is the master developer of Putrajaya administrative capital, is looking into the rail project which has been abandoned since 2004 because of the heavy traffic to the area now.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights
   

Next In Business News

S.Korea June consumer inflation hits near 24-yr high, exceeds expectations Premium
Guinea halts Simandou iron ore project, mulls talks with new partners Premium
Industrial metals have gone from boom to bust in the space of only three months Premium
Copper hits 17-month lows on China restrictions, manufacturing data Premium
Soaring corporate tax an 'incredible vulnerability' for Irish economy Premium
S.Korea's FX reserves fall in June by most in 14 years Premium
Growth seen to moderate Premium
ECB to adjust corporate bond holdings to show climate risk Premium
Sime Darby divesting Weifang Port companies Premium
AEON Credit 1Q earnings at RM163mil Premium

Others Also Read