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PETALING JAYA: The project delivery partner (PDP) of the Klang Valley My Rapid Transit (MRT) will bear cost overruns of the project that exceed 15%. But the projects PDP, which consists of Gamuda Bhd and MMC Corp Bhd, is confident that the Klang Valley MRT will be an efficiently-run project and that the cost overruns will not exceed the 15% cap.
PETALING JAYA: The change in the terms of the contract for the MRT2 project whereby the consortium of MMC-Gamuda Joint Venture is to complete the works on a turnkey basis marks a shift away from the Project Delivery Partner (PDP) model that the government adopted for large projects.
MIRI: Although there is no contest for the president’s post, a fierce battle is shaping up for all other positions in the Progressive Democratic Party (PDP).
YOLA Nigeria (Reuters) - Nigeria's former anti-corruption chief Nuhu Ribadu has defected to the ruling People's Democratic Party to contest a state election, in a fillip for President Goodluck Jonathan, whose PDP has been reeling from high profile corruption scandals.
KUALA LUMPUR: Gamuda Bhd is teaming up with Malaysian Resources Corp Bhd (MRCB) to participate in the tender exercise for the appointment of project delivery partner (PDP) for the Kuala Lumpur-Singapore High Speed Rail (HSR) project.
KUALA LUMPUR: MyHSR Corp Sdn Bhd will call for a tender to appoint the project delivery partner (PDP) for the Kuala Lumpur-Singapore High Speed Rail (HSR) project tomorrow.
KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) has been appointed the project delivery partner (PDP) to develop the main infrastructure for the new Kwasa Damansara township, for a provisional fee of RM112.28mil.
JOHOR BARU: The winner of the bid for the Kuala Lumpur-Singapore High Speed Rail project delivery partner (PDP) will likely be known by the first quarter of next year.
LAGOS (Reuters) - Former Nigerian President Olusegun Obasanjo has quit the ruling People's Democratic Party (PDP) that he helped found, in a blow to President Goodluck Jonathan six weeks before an election.