MRCB secures RM369mil DASH highway contract

KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) has bagged a RM369mil contract for the construction and other associate works under the Damansara-Shah Alam Elevated Highway (DASH) project.

In a filing with Bursa Malaysia on Tuesday, MRCB said it had received a letter of acceptance from Projek Lintasan Kota Holdings Sdn Bhd’s (Prolintas) unit Turnpike Synergy Sdn Bhd to undertake the construction of the mainline and other associated works under the privatisation project.

Prolintas is a wholly owned subsidiary of Permodalan Nasional Bhd.

MRCB said the contract price of the works package was RM369mil and the duration of the contract is 26 months.

“The works are anticipated to commence by end August 2017 and will be completed by October 2019,” the developer of KL Sentral said.

“The contract is expected to contribute positively to the future earnings of the group,” it added.

The DASH highway is a 20.1 km, three-lane, dual carriageway expressway that will start at the Puncak Perdana, Shah Alam intersection and is expected to cover Shah Alam, Subang, Kota Damansara and Damansara areas.