SRS Consortium wins contract for first segment of Penang's LRT project

By RAGANANTHINI VETHASALAM

KUALA LUMPUR: SRS Consortium Sdn Bhd has secured the civil and structural works contract for the first segment of Penang's inaugural Light Rail Transit (LRT) project.

The joint venture consortium is 60% owned by Gamuda Bhd, with Loh Phoy Yen Holdings Sdn Bhd and Ideal Property Development Sdn Bhd each holding a 20% stake.

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SRS Consortium , Penang LRT , Civil Works Contract , Gamuda , MRT Corp , Mutiara Line , Transport Minister , Penang Transport Master Plan , Loh Phoy Yen Holdings , Ideal Property Development

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