Browsing: Malaysia

Construction starts on RM200m Genting Premium Outlets

PETALING JAYA: Genting Simon Sdn Bhd, a joint venture (JV) of Genting Group and Simon Property Group has started construction work on the RM200 million Genting Premium Outlets, to be completed by the fourth quarter of


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MRT Line 2 cost likely to be estimated at RM28bil

KUALA LUMPUR: The development cost for the second mass rapid transit line (MRT Line 2) is estimated to be at RM28bil, higher than the earlier RM23bil price tag, mainly due to its longer underground length. MRT


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Construction of Malaysia’s LRT Line 3 to start in 1Q

The construction of the RM9bil Light Rail Transit Line 3 (LRT 3) project will commence in the first quarter of next year, says Prasarana Malaysia Bhd. Group Managing Director Azmi Abdul Aziz said the design for


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Malaysia: Value of construction in Q1 up 15.1% to over US$830 bn

The total value of construction work done in the first quarter of 2015 grew by 15.1 per cent year-on-year to RM28.7 billion, said the Statistics Department. “The quarter-on-quarter percentage change showed an increase of 6.1 per


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Pesona Metro bags RM267mil construction contract in Cyberjaya

KUALA LUMPUR: Pesona Metro Holdings Bhd has clinched a RM266.75mil contract to build office and retail blocks in Cyberjaya. It told Bursa Malaysia on Wednesday that its unit Pesona Metro Sdn Bhd had received a letter


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Construction of MRT in KL reaches 61.9% completion

KUALA LUMPUR: The construction of the Mass Rapid Transit (MRT) project has reached 61.9%, said MRT Corp Sdn Bhd chief executive officer, Datuk Seri Shahril Mokhtar. He said the construction of the tunnel has also been


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Emas Kiara bags subcontract in Changi Airport project

Emas Kiara Industries Bhd has bagged a S$8.67mil (RM23.25mil) subcontract agreement from Penta-Ocean Construction-Civil Tech joint venture which is doing land preparation works for the expansion of Changi Airport. The engineering company told Bursa Malaysia on


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Malaysian builders invited to participate in India’s highway projects

India’s Road Transport and Highways Ministry has invited Malaysian construction firms to participate in the country’s highway building projects under a new Private-Public Partnership scheme — Hybrid Annuity. Secretary of Ministry of Road Transport  and  Highways,


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Bina Darulaman ready to participate in Kulim airport project

Kedah-based property developer, Bina Darulaman Bhd, is keen to participate in the construction of the Kulim International Airport which estimated to cost RM1.6 billion. Group Managing Director Datuk Idzham Yusoff said the company was interested in


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Lend Lease to develop 17 acres of new Malaysian financial district

The agreement is with 1MDB Real Estate, the master developer for Tun Razak Exchange (TRX). The MYR8bn figure is the forecast gross development value on completion and Lend Lease will own 60% of the partnership, with


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