Cabinet yet to study MRT proposal from Gamuda, MMC


PETALING JAYA: Gamuda Bhd and MMC Corp Bhd’s joint mass rapid transit (MRT) proposal is still at a preliminary stage as it has yet to be evaluated by the Cabinet, said a source close to the matter.

The source, however, confirmed that the Finance Ministry had received the MRT proposal by Gamuda, adding that he was not aware if other parties had submitted similar proposals.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

MYMBN faces temporary suspension of bird’s nest exports to China
TNB shortlisted to develop 500MW solar plant in Kedah under LSS5
CCK Consolidated declares special dividend of 5.0 sen
Santa Claus rally extends on Bursa Malaysia
Alibaba, E-Mart to create US$4bil e-commerce JV in Korea
Oil prices inch up on hopes for more China stimulus
Gold gains on geopolitical turmoil; Fed, Trump's 2025 policies in focus
EPF ceases to be substantial shareholder in YTL Power after share disposal
World bank raises China's GDP forecast for 2024, 2025
Asian currencies struggle, stocks mostly lower amid Fed rate outlook concerns

Others Also Read