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KUALA LUMPUR: The project delivery partner (PDP) for the estimated RM9bil light rail transit line three (LRT 3) project, which is expected to be announced in July, stand to earn 6% of total cost as management fees, going by the rate charged by the PDP of the mass rapid transport (MRT) project.
PETALING JAYA: MMC Corp Bhd has confirmed that a joint venture in which the company is a partner has lost the contract as the project delivery partner (PDP) for the Pan Borneo Highway in Sabah.
PETALING JAYA: Shares in Malaysian Resources Corp Bhd (MRCB) and George Kent (M) Bhd (GKent) rose after Finance Minister Lim Guan Eng confirmed that they would remain as the project delivery partner (PDP) for the light rail transit three (LRT3) project.
MIRI: Progressive Democratic Party (PDP) does not accept the explanation by Economic Affairs Minister Datuk Seri Azmin Ali that the 20% oil royalties to Sarawak promised during the 14th general election cannot be fulfilled yet.