Submissions for MRT 3 tenders expected in August


Gamuda’s rail and tunneling credentials, based on MRT 1 and 2, are strong compared to other bidders for CMC303, which is estimated to cost RM13bil. (Gamuda training workers for tunneling jobs.)

PETALING JAYA: One of the most promising projects of the construction sector is the RM31bil MRT 3 with tender submissions expected in August and the awards determined by the year’s end.

Partnerships and joint ventures (JV) with bumiputra constructor/s is a requirement for at least a 20-31% stake for all three packages (CMC301, 302, 303).

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

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!

MRT 3 , Gamuda , tunneling , tenders , construction , MRT 2

   

Next In Business News

Currency index hits all-time high in countdown to Fed rate verdict
Boeing strike enters fourth day as fresh talks loom
Hong Kong stocks edge higher in thin trade; weak China data limits gains
China to expand trade in services within APAC, boost openness
Edra secures 1-year PPA extension for Telok Gong Power Station 2
Oil prices climb on Fed rate cut outlook
SFZ Forest City to be launched on Friday, incentives to be introduced
Goldman Sachs, Citigroup cut China's 2024 growth forecast to 4.7%
Why Fed rate cuts matter to world markets
Asian equities, currencies gain, focus shifts to Fed's policy meeting

Others Also Read