RM21bil in MRT jobs awarded, Project reaches half way mark

Malaysia 24 Jul 2014
RM21bil in MRT jobs awarded, Project reaches half way mark

The Mass Rapid Transit (MRT) line between Sungai Buloh and Kajang, has so far absorbed RM8.02bil and is the biggest infrastructure project the Government has undertaken so far.

Three years into the project, which entails a 51-km MRT line, the overall progress rate of the job is 47.63%, with a variation order of RM184.16mil of the value of the contracts awarded so far.  Mass Rapid Transit Corp Sdn Bhd (MRT Corp) chief executive Datuk Wira Azhar Abdul Hamid said yesterday that

83%, or RM6.65bil, of the amount paid out was for the work package contractors for the construction work of the line.and the remainder was for payment to the project delivery partner MMC Gamuda KVMRT (PDP) Sdn Bhd’s fees (RM1.03bil) to independent consulting engineers, overheads and insurance.

He added that the company could be issuing some sukuk this year, but believes it would not be a huge exercise.

When asked a question on the possibility of MRT Corp being listed, Azhar said it was not looking at such an option. “We’re not running it as a business. We’re the owner and developer of infrastructure. We’re not embarking on a (listing).”

Of the overall progress rate of 47.63%, the elevated portion completed is 37.24% while the section of the works has progressed to 63.34%.

To date, 77 out of 85 contracts have been awarded, at a total value of RM21.09bil. He said there were seven contracts, including a car park facility worth some RM300mil, to be awarded.

Currently, there are five tunnel-boring machines in operation along the 9.5-km underground alignment.

MRT Corp project director Marcus Karakashian said for the elevated section, 95% of piling works for the elevated guideway had been completed while 35% of the guideway had been constructed.

Azhar added that the car bodies of the first MRT train set had been delivered to Malaysia. “Our first train set is now being assembled at the contractor’s assembly plant in Rasa, Hulu Selangor,” he said.

These are expected to be delivered by November to the Sungai Buloh Depot, where they will undergo testing.

The contract to supply the trains went to Siemens-SMH Rail Consortium that had put in the lowest bid of RM1.37bil in a competitive tender.

The contract to supply depot equipment and maintenance vehicles went to a joint venture between Siemens and Hisniaga Sdn Bhd.

On the third Light Rail Transit (LRT 3) line straddling Bandar Utama and Klang, Azhar said the potential delay in the proposed project would not affect the MRT line.

He said the LRT 3 line was still in the early stages of planning.


← Gov't Body likely To Develop Areas Covered By KL-S'pore High Speed Rail Country View Q2 earnings up 15.3% despite tumble in revenue →

Comments are closed