Subscriber Login

Company News

Malaysia awards MRT-2 partly to MMC-Gamuda JV, to launch tenders for underground works [free access]

October 8, 2018

The joint venture (JV) of Malaysia-based MMC Corporation Berhad (MMC) and Gamuda Berhad (MMC-Gamuda) has signed a new agreement with the Government of Malaysia to complete the at-grade and elevated works of the Sungai Buloh-Serdang-Putrajaya Line (SSP Line, MRT-2) within the cost of MYR17.42 billion as a turnkey contractor. This is 23 per cent lower than the original cost estimate of MYR22.64 billion.

 

In addition, the government has terminated its contract with the JV for execution of the underground works of the line and has announced plans to launch new tenders for underground construction. The timeline of the tender process has not been announced yet.

 

The SSP Line will span 52.2 km (13.5 km underground) and cover 37 stations (11 underground). It has been under construction since 2016 and is scheduled to open in July 2021. The project cost for the entire line is estimated at MYR28 billion. The average daily ridership is expected to be 529,000 passengers.

 

(1 MYR [Malaysian Ringgit] = 0.24 USD)