Malaysia’s Mass Rapid Transit Corporation (MRT Corp) has committed to keeping the total cost of the Penang Mutiara LRT Line under MYR16 billion (US$3.7 billion). The Cabinet-approved budget for the line is MYR13 billion (US$3 billion), but with land acquisition and inflation factored in, total costs could rise to MYR19 billion (US$4.4 billion). MRT Corp aims to reduce this through efficient procurement and design optimisation.
The 29.5 km Mutiara Line will feature 21 stations, connecting Silicon Island to Komtar and Penang Sentral in Butterworth. It includes a 5 km bridge across the channel, Level 3 autonomous trains, and a downsized depot site at Pesta (reduced from 37 acres to 11 acres). The line is expected to be completed by 2031. MRT Corp targets financial sustainability within five years of operations through fare and advertising revenue, without relying on state subsidies. The full LRT network will include three additional lines by 2050.
Uzma Berhad has secured a contract for Malaysia’s Pembangunan Satelit Penderiaan Jauh Negara (PSPJN) (Remote Sensing Satellite) project. The PSPJN, a Private-Public Partnership project (P...
Read moreThe Malaysian government has announced a request for proposals (RFP) for the development of an Elevated Autonomous Rapid Transit (E-ART) system in Iskandar Malaysia through a public-private partnershi...
Read moreMass Rapid Transit Corp Sdn Bhd (MRT Corp) has invited local and foreign companies to participate in the tender for the Penang Light Rail Transit (LRT) Mutiara Line project.
Read moreThe Malaysian transport ministry has said that the feasibility study on the proposed Trans-Borneo Railway project linking Sabah and Sarawak to Indonesia will be completed in August 2025. The feasibil...
Read morePermodalan Kedah Bhd (PKB) has inked a memorandum of understanding (MoU) with Royal Eco Train Development, Republic of Korea (RETD Korea), for the Light Rapid Transit (LRT) project in Langkawi, K...
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