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

Capital A completes disposal of AirAsia aviation units
Bursa Malaysia grants Pimpinan Ehsan until June 30 to submit regularisation plan
Vestland secures RM602mil construction contracts
Kenanga Investment revises 2026 GDP growth forecast to 4.5%
Ringgit ends marginally lower as greenback gets lift from positive US economic data
Exsim’s unit gets RM2.36mil job in an RPT deal
TH Plantations-Cenergi power plant boosts waste-to-energy solutions
MN Holdings wins RM122.7mil contracts for data centre power works
M&G enters JV to expand vessel maintenance and repair services
Binastra wins RM1.18bil building, infrastructure contracts in Johor

Others Also Read