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

Ringgit poised to extend gains next week on solid fundamentals
Sukuk redemption marks positive step for Cypark Resources
Teh Tarik Nation’s traditional pull
A governance test for UOA-REIT
Bond strategies pivot to govts, EMs
Wall Street remembers a wild 2025
AI rules investment strategy
IHG boosts upscale stays market
11 new luxury hotels redefining travel
Nomura’s GMT headed for Malaysia

Others Also Read