Focus turns to structure for MRT3


As for the beneficiaries, Gamuda Bhd and MMC Corp Bhd stand out as the obvious potential beneficiary for MRT 3 given their prior experience with MRT 1 and MRT 2 lines. (File pic shows Gamuda tunnelling training)

PETALING JAYA: With the Mass Rapid Transit 3 (MRT 3) project in Klang Valley given the go-ahead to proceed under Budget 2021, the focus has turned to the business model to undertake the project as well as the potential beneficiaries.

Industry sources said different structures were being explored and did not rule out the return of the project delivery partner model (PDP) for MRT3 as it could expedite work and ensure a timely completion.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Gamuda , MMC , MRT 3 , beneficiaries , Alliance ,

Next In Business News

Oil prices recover, stocks wobble as investors weigh geopolitics, US data
Ringgit opens firmer against US$, major currencies
FBM KLCI falls as bearish momentum picks up
Samsung expects Q4 operating profit to triple to record high on chip shortage
Trading ideas: Hibiscus, A1, Paramount, Vantris, Tien Wah, LGMS, Oriental, Sentoria, Sinmah, Central Global, Kee Ming, Hock Soon, Adnex
S&P 500 ends lower, AI stocks buoy Nasdaq
REITs to gain from tourism, industrial growth
Bioeconomy Corp’s RM40bil contribution
Local glovemakers see steady profitability
Ringgit eases against the greenback

Others Also Read