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KUALA LUMPUR: SRS Consortium Sdn Bhd has secured the civil and structural works contract for the first segment of Penang's inaugural Light Rail Transit (LRT) project.
PETALING JAYA: Gamuda Bhd via its 60% subsidiary, SRS Consortium Sdn Bhd, has been awarded the first civil works package of the Penang Mutiara Line, valued at RM8.3bil.
KUALA LUMPUR: The civil and structural works contract for the first segment of Penang’s first Light Rail Transit (LRT) project which was awarded to the Gamuda Bhd-led SRS Consortium Sdn Bhd (SRS Consortium) could cost up to RM8.31bil, says Transport Minister Anthony Loke.
GEORGE TOWN: The Penang government will acquire more than 100 lots of land for the implementation of the Mutiara Line Light Rail Transit (LRT) project, with physical works to start in the third quarter of this year.
Gamuda’s excellent credentials make its subsidiary SRS Consortium an ideal choice for project delivery partner.
KUALA LUMPUR: The civil and structural works contract for the first segment of Penang’s first Light Rail Transit (LRT) project is estimated at RM8.31bil, says Transport Minister Anthony Loke.
Gamuda Bhd remains the best proxy for exposure to the Penang Light Rail Transit (LRT) that is set to take off this month, according to CIMB Securities Sdn Bhd.
PETALING JAYA: Gamuda Bhd via its 60% subsidiary, SRS Consortium Sdn Bhd, has been awarded the first civil works package of the Penang Mutiara Line, valued at RM8.3bil.
GEORGE TOWN: The project delivery partner (PDP) for the multibillion-ringgit Penang Transport Master Plan (PTMP) will be SRS Consortium Sdn Bhd.
PETALING JAYA: Shares of Gamuda Bhd hit another record high yesterday, as its latest contract win took it nearer to its upper-end target of having a RM30bil to RM35bil order book for this year.
The upcoming Budget 2025 is expected to kick-start a new wave of public infrastructure next year.
PUTRAJAYA: The construction of Penang’s first light rail transit (LRT) project will begin by the fourth quarter of this year, says Anthony Loke.
GEORGE TOWN: Penang’s Light Rail Transport (LRT) dream will begin to take shape in December with a groundbreaking event, with the first station to be built in Lebuh Macallum.
Any Malaysian who has to balik kampung for the festive season will undoubtedly know that Penang experiences traffic congestion that is almost as bad as the Klang Valley on a regular working day.
PUTRAJAYA: Penang’s first light rail transit (LRT) project, the Mutiara Line, will be undertaken as a federal project, says the Transport Minister.
PETALING JAYA: Analysts are positive on the award of the first segment of the Penang Light Rail Transit (LRT) Mutiara Line contract to Gamuda Bhd’s 60%-owned SRS Consortium.
GEORGE TOWN: The Penang South Island (PSI) project was given a boost with the High Court declaring that there was no illegality, impropriety or irrationality in the state's approval of the project.
Gamuda Bhd is expected to clinch at least RM10bil worth of jobs annually, to post a three-year earnings compound annual growth rate of 16%, says RHB Research.
KUALA LUMPUR: The construction sector will continue to be a hive of activity thanks to the Penang light rail transit (LRT) project becoming the next focus.
GEORGE TOWN: The Penang South Islands (PSI) project is expected to get the green light soon, paving the way for work to begin by the third quarter of the year.
