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PETALING JAYA: Plans are afoot to revive the abandoned RM400mil Putrajaya rail link with an additional extension up to the Kajang mass rapid transit (MRT) station.
KUALA LUMPUR: Dayang Enterprise Holdings Bhd has entered into a memorandum of understanding (MoU) with PKNM Energy Sdn Bhd and Main Velocity Sdn Bhd (MVSB) to establish a cooperation and collaboration in exploring, securing and operating any projects in Melaka.
KUALA LUMPUR: While the government is re-negotiating the East Coast Rail Link (ECRL) contract, it would be good to include and consider more participation by local contractors if the project takes off again, said MCA vice-president Senator Datuk Seri Ti Lian Ker.
WASHINGTON (Reuters) - The White House is preparing an emergency declaration that President Donald Trump could issue as a way to circumvent Congress if lawmakers do not provide funding for a wall along the U.S. southern border, CNN reported on Thursday, citing internal documents.
KUALA LUMPUR: Shares of TSR Capital Bhd rose in early trade Tuesday, after the company announced that it has secured a RM307mil contract for Gemas-Johor Bahru electrified double-track project.
PETALING JAYA: TSR Capital Bhd has received a RM307mil subcontract job for the Gemas-Johor Baru electrified double-tracking project from Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd.
KUALA LUMPUR: The government's decision to continue with the construction of the Light Rail Transit 3 (LRT3) and compensate for the Eastern Dispersal Link (EDL) has cleared the uncertainties in Malaysian Resources Corp Bhd (MRCB), says AmInvestment Bank Research.
KUALA LUMPUR: CIMB Equities Research is maintaining its Underweight rating on the construction sector following the cancellation of the East Coast Rail Link (ECRL).
Pakatan Harapan announced that it would review a number of mega projects initiated by the previous administration to save the country billions of ringgit. Since then, some multi-billion ringgit projects have been permanently shelved, others suspended or placed under review, while some were given the green light to carry on.
PETALING JAYA: The astronomical cost of the 37-km light rail transit 3 (LRT3) project has to come down drastically from RM31.45bil for the Ministry of Finance (MoF) to support it.