Gamuda-Led SRS consortium secures RM8.3bil Penang Mutiara Line project


The contract was signed between Gamuda Bhd deputy group managing director Datuk Ha Tiing Tai (third from left), representing SRS Consortium and Mass Rapid Transit Corp Sdn Bhd chief executive officer Datuk Mohd Zarif Hashim (fifth from right). The signing ceremony was witnessed by Transport Minister Loke Siew Fook (middle), together with representatives from SRS Consortium and MRT Corp.

PETALING JAYA: Gamuda Bhd via its 60% subsidiary, SRS Consortium Sdn Bhd, has been awarded the first civil works package of the Penang Mutiara Line, valued at RM8.3bil.

In a statement, Gamuda said the Penang Mutiara Line project is by MRT Mutiara Sdn Bhd, a subsidiary of MRT Corp Sdn Bhd.

“The design and build contract marks a significant milestone in Penang’s transportation infrastructure development.

Gamuda said the scope of works encompasses the 23.7km elevated viaduct from Komtar to Island A of the Penang South Reclamation (PSR); 19 stations (above ground) and one provisional station in Island A of PSR; a depot at PSR Island A for light and heavy maintenance; ancillary structures, at-grade park and ride; utilities and services relocations, utility buildings, external surface works, and other associated works.

Gamuda said the award reflects the confidence in the group’s technical capabilities and track record in delivering complex infrastructure projects, both locally and overseas.

“The Penang Mutiara Line represents a transformative development for Penang's public transportation landscape, and we are committed to delivering within the budget and on time in its execution.

“The project is scheduled for completion within six years from the notice to proceed, enhancing connectivity and supporting Penang’s comprehensive transportation masterplan, designed to address growing mobility needs and economic growth.

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