Construction to be started for Light Rail Transit PPP project in Malaysia
Penang’s Transport Ministry has announced that the construction of the 29 km Penang Light Rail Transit (LRT) Mutiara Line will begin by Q4 of 2024 with an anticipated completion date set for 2030.
The contracts for the LRT project have been segmented into three main components: Silicon Island to Komtar (Segment 1); Komtar to Penang Sentral (Segment 2); and turnkey systems and rolling stocks. Segment 1, covering the route from Silicon Island to Komtar, was awarded to SRS Consortium through the Single-Sourcing Request for Proposal mechanism. Conversely, the remaining two contracts will be tendered openly to both domestic and international firms incorporated in Malaysia.
The decision to award Segment 1 to SRS Consortium was in response to a request from the Penang government, which had previously appointed the firm as the project delivery partner for the Penang Transportation Master Plan, inclusive of the Mutiara Line. This appointment was made through an open tender process in August 2015.
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February 17, 2023
Contract awarded for USD315 million Wellheads Platforms in Malaysia
Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) has secured an MYR 1.4 billion (US$ 315.92 million) contract from Carigali-PTTEPI Operating Company Sdn Bhd (CPOC) in Malaysia.
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December 28, 2022
Contract awarded for Rail Network PPP project in Malaysia
The Malaysian Minister of Transport has announced that a consortium between Reneuco Bhd and Citaglobal Bhd has bagged a tender to develop an independent power producer (IPP) project for the East Coast Rail Link (ECRL) network.
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September 30, 2021
Ericsson signs contract for USD2.62 billion 5G network PPP project in Malaysia
The Digital Nasional Berhad (DNB) has formed a 10-year 5G partnership with Ericsson to drive the nationwide deployment of the next-generation wireless cellular technology in Malaysia.
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July 12, 2019
Airport expansion project approved in Malaysia
Ministry of Finance in Malaysia has approved Malaysia Airports Holdings Bhd (Malaysia Airports) proposal to immediately proceed with the Penang International airport expansion plans in phases. There were certain issues hurdling the project commencement, but with the approval, Malaysia Airports is ready to start the project immediately.
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May 06, 2019
EIA approved for the US$ 1.7 billion highway project in Malaysia
The Department of Environment (DoE) in Malaysia has approved the environmental impact assessment (EIA) report for the Pan Island Link 1 highway project (PIL1). PIL1 is a part of Malaysia's Penang Transport Master Plan (PTMP).
The PTMP is a long term comprehensive plan formed by the Penang state government to improve transportation within the State of Penang. The plan is expected to cost RM27 billion (US$6.65 billion), and includes more alternative transportation modes to fight traffic congestion across the state.
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