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KUALA LUMPUR: The mass rapid transit (MRT) system's project delivery partner (PDP) should step in and complete any works in the MRT project if the awarded contractors fell behind schedule, said Land Public Transport Commission (SPAD) CEO Mohd Nur Kamal.
KUALA LUMPUR: Foreign companies are allowed to bid for certain contracts in the development of the mass rapid transit (MRT) system, slated to break ground in July, provided that they partner with local companies.
KUALA LUMPUR: Although the actual cost of the country's first mass rapid transit (MRT) system will be disclosed in September due to a 50% reduction in land acquisition and other tweaks to the initial alignment, estimates have put the price tag for the first of three lines at around RM20bil.
PUTRAJAYA: A Finance Ministry Incorporated (Mentri Kewangan Diperbadankan, MKD) company, MRT Co, was approved Thursday by the Cabinet as the project and asset owner of the Klang Valley MY Rapid Transit (KVMRT) project.
PETALING JAYA: The proposed high-speed rail (HSR) project linking Kuala Lumpur and Singapore is not driven by any proposal from the private sector. Instead, said Land Public Transport Commission (SPAD) chief executive officer Mohd Nur Ismal Mohamed Kamal, the project would take shape based largely on its needs and viability.
GOING by recent news articles, next month will be eventful for the Securities Commission (SC). To start with, the one-year extension of chairman Tan Sri Zarinah Anwar’s tenure ends on March 31.