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KUALA LUMPUR (Bernama): The government has agreed to build a bridge connecting Labuan to the mainland on Sabah through a private finance initiative (PFI), says Federal Territories Minister Tan Sri Annuar Musa.
UEM Sunrise Bhd is disposing 163.92 acres of freehold land in Iskandar Puteri to Country View Bhd for RM310mil. The proposed disposal is expected to be completed in the third quarter next year.
KOTA KINABALU: The private sector is offering to play a lead role in the setting up of the much sought after 13km Labuan-Sabah bridge.