MRT Corp awards RM2.69 billion contract for Penang LRT cross-sea extension

Traders Union
All News
Business & Wealth
Companies
Penang cross-sea LRT contract

Highlights

MRT Corp awards a RM2.69 billion contract to a joint venture comprising China Communications Construction Company, TRC Construction and Ufuk Semarak for the Penang LRT cross-sea extension.
The CMC2 package covers the design and construction of a 5.5 km extension, including a 3.05 km bridge between Macallum and Penang Sentral, bringing the journey time to eight minutes.
Construction progress on the Mutiara LRT Line has reached 16%, with measures in place to minimise disruption and ensure public safety.

This article was translated from the original. Read the original version by our correspondent here.

Contract scope and extension alignment

As reported by The Edge Malaysia, MRT Corp awarded a contract worth RM2.69 billion to a joint venture comprising China Communications Construction Company, TRC Construction and Ufuk Semarak to build the Penang LRT Mutiara Line's cross-sea extension.

The Civil Main Contract 2 package, or CMC2, covers the design and construction of a 5.5-kilometre extension from Macallum on Penang Island to Penang Sentral in Seberang Perai, including a 3.05-kilometre bridge across the sea. The extension will provide a direct rail link between the island and the mainland, allowing passengers to transfer to KTM train, ferry and bus services at Penang Sentral.

MRT Corp said the journey between Komtar and Penang Sentral is expected to take around eight minutes. The company also said construction of the Mutiara LRT Line is on schedule, with progress at 16%.

Mobility impact and implementation measures

MRT Corp chief executive officer Datuk Mohd Zarif Hashim said the contract award was an important step towards improving public transport connectivity in Penang. He said that with CMC2 now awarded, MRT Corp is taking an important step towards realising that ambition and delivering long-term benefits to residents.

The cross-sea bridge also includes a section designed to allow vessels to pass through on their way to the ports of Prai and Butterworth. MRT Corp said it is working with the authorities to minimise disruption to road users and ensure public safety throughout construction.

We have also covered strategic Malaysia–China cooperation in technology transfer and financing for high-impact projects, including Beijing's proposal to expand the sharing of expertise through projects such as the East Coast Rail Link (ECRL) and the electric vehicle sector. The article also discussed China's willingness to explore new financing through the Export-Import Bank of China, as well as regional agenda discussions such as support for Malaysia's participation in BRICS.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.