GAMUDA Bhd is said to be the favourite to land the job as the Project Development Partner (PDP) to oversee the implementation of key components of an integrated transportation plan on Penang island
The others in the running for the PDP job that is estimated at more than RM5.5bil for the initial phase are IJM Corp Bhd, MMC Corp Bhd, the Scomi Group and WCT Holdings Bhd.
The state that is expected to issue a request for proposal (RFP) exercise next month have made it clear that only companies with a minimum RM3bil annual turnover and a track record of 15 years can participate.
Two key components of the RFP would be to build a 17.5 kilometre light rail transit (LRT) project that connects the Komtar building to the airport and a link cutting across the island from Bayan Lepas to Tanjong Bungah.
The Bayan Lepas-Tanjong Bungah cuts across a mountainous terrain and would require tunnels.
The LRT project alone is said to be worth at least RM4.5bil.