PETALING JAYA: The ongoing arbitration between the two contractors currently building the Light Rail Transit 3 (LRT3) will not have any impact on the progress of the project. The two are George Kent (M) Bhd and Malaysian Resources Corp Bhd (MRCB). George Kent told StarBiz that project operations were also running normally.
“The arbitration was to seek clarity on certain clauses in the shareholders agreement in relation to the options for securing financing for the JV Co including the order of priority of such options, ” a George Kent spokesperson said.