KTM: THE 620km East Coast Rail Link (ECRL) - Page 138 - SkyscraperCity
 

forums map | news magazine | posting guidelines

Go Back   SkyscraperCity > Asian Forums > Forum Pencakar Langit Malaysia > Pengangkutan

Pengangkutan aviation, automotive, rail and urban transportation


Global Announcement

As a general reminder, please respect others and respect copyrights. Go here to familiarize yourself with our posting policy.


Reply

 
Thread Tools
Old June 4th, 2019, 07:49 PM   #2741
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 94,992
Likes (Received): 14385

MUI plans for RM440m TOD in Bandar Springhill, Seremban
By John Gilbert - June 3, 2019 @ 12:09pm



Malayan United Industries Bhd (MUI) plans to develop an integrated transit-oriented development (TOD) in Bandar Springhill in Seremban with a gross development value of RM440 million, said executive chairman and chief executive officer Andrew Khoo Boo Yeow.
Quote:
KUALA LUMPUR: Malayan United Industries Bhd (MUI) has set plans to develop an integrated transit-oriented development (TOD) in Bandar Springhill in Seremban with a gross development value of RM440 million.

With 1,084 acres of landbank in Bandar Springhill, the company expects between 10 per cent and 15 per cent capital appreciation for the TOD, supported by the East Coast Rail Link's (ECRL) two stations in Negri Sembilan, namely Kuala Kelawang and Jelebu, not far from the township.

"We are looking at TOD for the land in Seremban as it is well located in the town centre and within the transportation hub.

"The group has a number of properties that it currently owns which we are considering to activate. We are looking to build an integrated TOD which will comprise over 600 condominium units," MUI executive chairman and chief executive officer Andrew Khoo Boo Yeow told the News Straits Times in an interview.

He, however, did not provide details on when the TOD will began but said the ECRL mega transport project will have a positive impact on the company's future development plans in the state.

Further, the ECRL stations will help to boost the development of the Malaysia Vision Valley (MVV) planned for Nilai, Seremban up to Port Dickson, Khoo said.

"Our Bandar Springhills township is being progressively developed. With an estimated GDV of over RM1 billion, the immediate focus is to continue to transform the development into a lifestyle enclave.

"In August, we will begin construction of a clubhouse that incorporates, amongst other things, a partially covered swimming pool, multipurpose hall, and gym at a cost of over RM5 million," he said.

Khoo said streetscaping including the lakeside park would be developed to ensure residents enjoy an active lifestyle with walking trails and fitness zones.

"We will also look to bring in vibrant amenities for the residents including a petrol station, fast food restaurants, grocer and a bank," he said.

Aside from Bandar Springhills, MUI has also set plans for residential developments in Penang and Kota Kinabalu, Sabah, with an estimated GDV of over RM300 million combined.

The company has also plans to undertake an exclusive development on its property at Villa Ukay Ampang, with 10 high-end condominiums.

On the hotel business, Khoo said MUI, which owns Corus Hotel in Jalan Ampang and Corus Hotel in Port Dickson, had no plans to sell the assets despite being frequently approached by some interested parties for Corus Hotel Jalan Ampang.

In April this year, MUI put its Corus Hotel Hyde Park in London up for sale and appointed international investment bank N.M. Rothschild & Sons Ltd as its financial adviser for the sale.

"The plan to dispose of Corus Hyde Park is not a sudden move. It has been part of the consideration as part of the Group’s restructuring proposal.

"What has changed is that we have now appointed an international merchant bank to manage this process to maximise the intrinsic value of this particular asset," Andrew said when asked on the sale.

As for Corus Port Dickson, Andrew said the future for this area was looking even more positive.

"The hotel has a lot of latent potential as it has the only beach lagoon in the area.

"We are introducing a new glamping concept on the property, located right on the beach with uninterrupted views of the sea and the lagoon behind it. I believe this will be very much sought after as it will provide a unique but yet affordable experience for our guests. It should be ready by July," he said.
https://www.nst.com.my/business/2019...ghill-seremban
__________________
Malaysia Photo Gallery - Click Here for Malaysia Galleries
City & Town - | Kuala Lumpur | Penang | Johor Bahru |
Malacca | Putrajaya | Cyberjaya | Langkawi
Alor Setar, Ipoh, Johor Bahru, Kangar, Kota Bahru, Kota Kinabalu, Kuantan, Kuala Terengganu, Kuching, Seremban, Shah Alam, etc!
nazrey no está en línea   Reply With Quote
Sponsored Links
Advertisement
 
Old June 12th, 2019, 01:05 PM   #2742
Nizam AK
In the brig
 
Join Date: Apr 2017
Posts: 1,241
Likes (Received): 701

Quote:
Originally Posted by kaifa View Post


PreQ NST





PreQ The Star







Press Release PreQ Exercise



ni civil works punya dulu.



package2 lain (system/infra) akan menyusul. inshaaAllah ,

Quote:

KUALA LUMPUR: A total of 1,321 local firms have submitted their interest in participating in the civil works portion of the East Coast Rail Link (ECRL) project.

Over the course of the pre-qualification exercise held on May 29 and 30, local companies were invited to put their names in the running for a share of the civil works portion of the RM44bil mega-project.


The exercise was open to all experienced local contractors that had a Construction Industry Development Board (CIDB) grade of G3 to G7 with a minimum two-star SCORE rating.

"The level of enthusiasm shown by Malaysian construction companies in particular from the G7 CIDB rating companies augurs well with the increase in civil works participation for local contractors from 30% to 40% of the ECRL project as per the inking of the Supplementary Agreement (SA) between MRL and CCCC on 12 April 2019," said project owner Malaysia Rail Link (MRL) in a statement.


According to MRL, it will be working closely with China Communications Construction Company Ltd (CCCC) in shortlisting the 1,321 construction companies to be potential tenderers for the ECRL's civil works packages, whereby successful companies would be notified in writing by the CCCC.

Of the submissions, there was most interest from the G7 category of Construction Industry Development Board-rated companies with 859 submissions, followed by 134 submissions from G5-rated companies and 132 from G4-rated companies.

G3- and G6-rated companies put in 104 and 92 submissions respectively.

Bumiputera engineering and construction companies put in 994 submissions, representing 75.25% of the overall registration.

MRL CEO Datuk Sri Darwis Abdul Razak said local industry players are encouraged to proactively seize any opportunities to participate in the ECRL project as not just contractors but also as suppliers, consultants and in other relevant scopes.

“We also hope that ECRL Project will be an exemplary government project that demonstrates the capabilities of our local contractors to work with an international contractor in carrying out and meeting the high standards of a large-scale infrastructure project.

“With the participation of local contractors, this will not just act as stimulus to the local construction sector but will also serve as a catalyst in the transfer of knowledge and technology in view of the ECRL Project to be among the most challenging engineering and construction projects in Malaysia," he added.
Read more at https://www.thestar.com.my/business/...QSoo5s1h6Gw.99
Nizam AK no está en línea   Reply With Quote
Old June 18th, 2019, 12:25 AM   #2743
elefunz
Registered User
 
elefunz's Avatar
 
Join Date: Sep 2011
Location: Malaysia
Posts: 47
Likes (Received): 35

Well all of us know the deal is so hard to bring Disney is Malaysia.

about this theme park issue, we only know there is only ONE Disney World in the world which is in Florida and usually Disney theme park is known as Disneyland (One DisneySEA in Tokyo) , and Universal Studio has an agreement with Singapore for not built another US theme park in the region for 30 years ,and Fox World is totally crap (one in Genting) .
So are they making a fantasy as a fantasy ? hmmm..BUT I REALLY WANT TO SEE MICKEY AND FRIENDS IS WEARING BAJU MELAYU AND GOOFY IS WEARING SAMFOO AND DAISY IS WEARING SAREE.
__________________

__________________
Malaysia Ku Tercinta. Because Of You I lived With Happiness!
elefunz no está en línea   Reply With Quote
Old June 18th, 2019, 01:06 AM   #2744
atmapgnew
Registered User
 
atmapgnew's Avatar
 
Join Date: Jan 2014
Location: Penang(MAL), Darlington, Hull & Huddersfield(UK)
Posts: 11,485
Likes (Received): 2740



Just curious - what has DISNEY got to do with ECRL huh ???

atmapgnew no está en línea   Reply With Quote
Old June 18th, 2019, 01:52 AM   #2745
Nizam AK
In the brig
 
Join Date: Apr 2017
Posts: 1,241
Likes (Received): 701

Quote:
Originally Posted by atmapgnew View Post




Just curious - what has DISNEY got to do with ECRL huh ???





Gamuda Cove Themepark.

https://forum.lowyat.net/topic/4766297/all

https://forum.lowyat.net/topic/4765556/all


(I ada post benda ni di sini sebelum ini)
__________________

DreamboxJB liked this post
Nizam AK no está en línea   Reply With Quote
Old June 18th, 2019, 07:06 AM   #2746
elmond
Registered User
 
Join Date: Mar 2015
Posts: 326
Likes (Received): 139

Quote:
Originally Posted by Nizam AK View Post
Gamuda Cove Themepark.

https://forum.lowyat.net/topic/4766297/all

https://forum.lowyat.net/topic/4765556/all


(I ada post benda ni di sini sebelum ini)
gamuda cove is a crap, just saw their masterplan. i dont think the therme park related with ECRL
__________________

atmapgnew liked this post
elmond no está en línea   Reply With Quote
Old June 18th, 2019, 07:50 AM   #2747
Taqikelate
Registered User
 
Join Date: May 2016
Posts: 156
Likes (Received): 76

Stesen keretapi KTMB Tumpat tgh upgrading tu. Stesen diperbesarkan dan ada depot baru utk keretapi DMU.










sumber: FB Maafsebut
__________________

atmapgnew, World 2 World, nazrey liked this post
Taqikelate no está en línea   Reply With Quote
Old June 18th, 2019, 07:57 AM   #2748
Nizam AK
In the brig
 
Join Date: Apr 2017
Posts: 1,241
Likes (Received): 701

Quote:
Originally Posted by Nizam AK View Post
Gamuda Cove Themepark.

https://forum.lowyat.net/topic/4766297/all

https://forum.lowyat.net/topic/4765556/all


(I ada post benda ni di sini sebelum ini)

1) The reroute of ECRL to use the southern option and at the same time, the official MRL graphics shows https://www.mrl.com.my/BM.png that there will be a new station at Kota Kemuning/Canal city vicinity out of nowhere.
If we look at the initial realigned ERCL map that was distributed on the media, the proposed station is just on the north of Kuala Langat district line. The lines on the map represent each district border in Selangor.
The proposed station is at suspected at where the red star is on the Google map.
(based on the Kuala Langat district borderline on Google map).

2) On the same day, the Selangor Menteri Besar announced that they are in the midst of reviewing approvals of major theme parks construction to be located in Kuala Langat district. He mentioned that these theme parks are located in land in between Kota Kemuning and Sijangkang at Kuala Langat district. Investment worth 15 billion on 800 acres of land.
On the google map, the only 800 acres available between Kota Kemuning and Sijangkang is on the Felda land highlighted by the blue star.

In a sense, these make sense, we have ECRL rail connections that bring loads of tourists from Putrajaya/KLIA/Bangi HSR to the theme parks. The proposed ERCL station could also be connected in the future to the Johan Setia LRT3 line and Putra Height LRT lines to form a big Klang Valley LRT circle loop.
This location is well connected by highways e.g. SKVE, WCE, and KESAS which can bring local tourist to these theme parks. The Boustead cruise ship terminal is nearby, which can bring loads of cruise ship tourists to these theme parks.
If these are Disney theme parks eg. Disneyland, Animal kingdoms, Hollywood studio, Epcot center https://disneyworld.disney.go.com/destinations/
It will nicely compete and complement the Universal Studio in Singapore with both nations air and future HSR connectivity.

This is called Development land along the area (ECRL).
It doesn’t say Development of theme park for ECRL.
It might be right might be wrong. Brp tahun lagi, mcm2 boleh berlaku.

https://gamuda.listedcompany.com/mis...18briefing.pdf
http://www.mida.gov.my/home/7694/new...sing-tempatan/
http://www.b-i.biz/cms/upload_files/...0000003890.jpg
Nizam AK no está en línea   Reply With Quote
Old June 18th, 2019, 11:05 AM   #2749
Nizam AK
In the brig
 
Join Date: Apr 2017
Posts: 1,241
Likes (Received): 701

Quote:

JELEBU (June 16): Owners of private land acquired for the development of the East Coast Rail Project (ECRL) will be duly compensated, said Transport Minister Anthony Loke.

He said, however, it would be decided after the alignment of the mega project is finalised this year before the expected land acquisition process takes place next year.

“I do not want any issue or speculation on the land acquisition so that this development project can be done smoothly.

“We have not decided how much land is needed or where the stations will be built but there is definitely one station in the Jelebu district,” he said in his speech at the Aidilfitri celebration for the Chennah state constituency here today.

Loke, who is its assemblyman and also Seremban MP, said that as soon as the ECRL alignment is finalised, the government will obtain feedback from stakeholders and also hold public information sessions.

He is confident that the ECRL project will attract investors to develop the industrial area in Jelebu, as well as provide more employment opportunities to the local community.

On April 12, the Prime Minister's Office in a statement announced that the ECRL project will resume at a lower cost following the signing of a supplementary agreement (SA) between Malaysia Rail Link (MRL) and China Communications Construction Company Ltd (CCCC).

According to the statement, the construction cost for Phases 1 and 2 of the ECRL had been reduced to RM44 billion, a reduction of RM21.5 billion from the original cost of RM65.5 billion.

The construction of the ECRL will link Kota Bharu in Kelantan through Mentakab-Jelebu-Kuala Klawang-Bangi/Kajang-Putrajaya to Port Klang. -- BERNAMA

https://www.theedgemarkets.com/artic...-acquired-ecrl
Nizam AK no está en línea   Reply With Quote
Old June 18th, 2019, 11:06 AM   #2750
elmond
Registered User
 
Join Date: Mar 2015
Posts: 326
Likes (Received): 139

Quote:
Originally Posted by Nizam AK View Post
1) The reroute of ECRL to use the southern option and at the same time, the official MRL graphics shows https://www.mrl.com.my/BM.png that there will be a new station at Kota Kemuning/Canal city vicinity out of nowhere.
If we look at the initial realigned ERCL map that was distributed on the media, the proposed station is just on the north of Kuala Langat district line. The lines on the map represent each district border in Selangor.
The proposed station is at suspected at where the red star is on the Google map.
(based on the Kuala Langat district borderline on Google map).

2) On the same day, the Selangor Menteri Besar announced that they are in the midst of reviewing approvals of major theme parks construction to be located in Kuala Langat district. He mentioned that these theme parks are located in land in between Kota Kemuning and Sijangkang at Kuala Langat district. Investment worth 15 billion on 800 acres of land.
On the google map, the only 800 acres available between Kota Kemuning and Sijangkang is on the Felda land highlighted by the blue star.

In a sense, these make sense, we have ECRL rail connections that bring loads of tourists from Putrajaya/KLIA/Bangi HSR to the theme parks. The proposed ERCL station could also be connected in the future to the Johan Setia LRT3 line and Putra Height LRT lines to form a big Klang Valley LRT circle loop.
This location is well connected by highways e.g. SKVE, WCE, and KESAS which can bring local tourist to these theme parks. The Boustead cruise ship terminal is nearby, which can bring loads of cruise ship tourists to these theme parks.
If these are Disney theme parks eg. Disneyland, Animal kingdoms, Hollywood studio, Epcot center https://disneyworld.disney.go.com/destinations/
It will nicely compete and complement the Universal Studio in Singapore with both nations air and future HSR connectivity.

This is called Development land along the area (ECRL).
It doesn’t say Development of theme park for ECRL.
It might be right might be wrong. Brp tahun lagi, mcm2 boleh berlaku.

https://gamuda.listedcompany.com/mis...18briefing.pdf
http://www.mida.gov.my/home/7694/new...sing-tempatan/
http://www.b-i.biz/cms/upload_files/...0000003890.jpg
im agree on the proposed location but gamuda cove was no where near to the location that you are suggested
elmond no está en línea   Reply With Quote
Old June 18th, 2019, 12:55 PM   #2751
Nizam AK
In the brig
 
Join Date: Apr 2017
Posts: 1,241
Likes (Received): 701

Ok
Nizam AK no está en línea   Reply With Quote
Old June 19th, 2019, 01:41 AM   #2752
atmapgnew
Registered User
 
atmapgnew's Avatar
 
Join Date: Jan 2014
Location: Penang(MAL), Darlington, Hull & Huddersfield(UK)
Posts: 11,485
Likes (Received): 2740

Just curious - has the new 'southern' alignment of ECRL been finalised ???

atmapgnew no está en línea   Reply With Quote
Old June 19th, 2019, 01:47 AM   #2753
Nizam AK
In the brig
 
Join Date: Apr 2017
Posts: 1,241
Likes (Received): 701

KTM: THE 620km East Coast Rail Link (ECRL)

alignment belum. Ada ubah , kata sumber.

Tgh tgu document, ade drawing etc sedap sikit boleh share some info.

Paper:

Quote:
The research house pointed out the southern alignment aims to leverage on the existing KLIA Express Rail Link (ERL) and the upcoming MRT SSP Line’s (MRT2) interchange in Putrajaya Sentral, thus, underpinning passenger/ridership viability, which was in question previously.

The roll-out of potential new tenders for local contractors as a result of the realignment will take some time, based on its checks, as this would hinge on the completion of the new railway scheme design, public display of the new alignment and finalisation of land acquisition, likely over the next six months.

“The ECRL news is overall positive to mitigate the downturn of contracts. However, we retain our sector Underweight call given the average 43% run-up in share prices of rail contractors ahead of the ECRL’s revival. Upside risk is a stronger momentum of new ECRL tenders and the review of other deferred rail contracts from 2018,” it said.

The revised ECRL will have 20 stations – Kota Baru and Tok Bali in Kelantan, Kampung Raja, Kuala Terengganu, Pengkalan Berangan, Dungun, Kemasik and Chukai in Terengganu while in Pahang, the train will make stops in Cherating, Kuantan Port City, Kuantan Port City 2, Kota SAS, Gambang, Maran and Mentakab.

Aside from Putrajaya, the ECRL will also have stations in Jelebu in Negri Sembilan, Bangi/Kajang and Port Klang and another proposed station in Selangor.

The travelling time from Kota Baru to the Klang Valley is expected to be about four hours, which is significantly shorter compared to the average seven hours by road.

The project, which now costs RM44bil after renegotiation, would have a new targeted completion date of Dec 31, 2026. This is an extension of two and a half years from the original completion date of June 20, 2024.

The construction cost managed to be brought down by RM22bil, which is almost a third of the original cost of RM66bil.
Read more at https://www.thestar.com.my/business/...EIwSkf1XmyC.99
__________________

atmapgnew liked this post

Last edited by Nizam AK; June 19th, 2019 at 02:15 AM. Reason: Updates
Nizam AK no está en línea   Reply With Quote
Old June 19th, 2019, 02:24 AM   #2754
Nizam AK
In the brig
 
Join Date: Apr 2017
Posts: 1,241
Likes (Received): 701

Quote:
Originally Posted by Nizam AK View Post
alignment belum. Ada ubah , kata sumber.

Tgh tgu document, ade drawing etc sedap sikit boleh share some info.

Paper:



Read more at https://www.thestar.com.my/business/...EIwSkf1XmyC.99

Quote:
The revised ECRL will have 20 stations – Kota Baru and Tok Bali in Kelantan, Kampung Raja, Kuala Terengganu, Pengkalan Berangan, Dungun, Kemasik and Chukai in Terengganu while in Pahang, the train will make stops in Cherating, Kuantan Port City, Kuantan Port City 2, Kota SAS, Gambang, Maran and Mentakab.
Read more at https://www.thestar.com.my/business/...EIwSkf1XmyC.99
3 daripada 5 stn ECRL di Kelantan di gugurkan kerana faktor penjimatan kos dri RM66.5B kepada RM40B.

Kerajaan negeri ada bagi cadangan Balas, utk bantu naikkan industri hiliran di situ. Dgr kan di sini
https://youtu.be/9unHvCf9Dtk
Nizam AK no está en línea   Reply With Quote
Old June 19th, 2019, 02:37 AM   #2755
Nizam AK
In the brig
 
Join Date: Apr 2017
Posts: 1,241
Likes (Received): 701

Quote:
Originally Posted by Nizam AK View Post
a

Tgh tgu document, ade drawing etc sedap sikit boleh share some info.
skrg hya ada resit aje



ps: bukan nak tunjuk clever ye , hehe
__________________
Nizam AK no está en línea   Reply With Quote
Old June 19th, 2019, 04:37 AM   #2756
prophecus1
Registered User
 
prophecus1's Avatar
 
Join Date: Jun 2009
Location: Bremen, Kuala Lumpur
Posts: 451
Likes (Received): 270

keep up the good work bro Nizam.
__________________

Nizam AK liked this post
prophecus1 no está en línea   Reply With Quote
Old June 29th, 2019, 02:33 AM   #2757
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 94,992
Likes (Received): 14385

Ikhmas Jaya expects to turnaround in FY19
By Ayisy Yusof - June 28, 2019 @ 2:59pm
Quote:
PETALING JAYA: Ikhmas Jaya Group Bhd (IJG) is confident in returning to the black for the current financial year ending December 31, 2019 (FY19) backed by secured and bidding of big-ticket civil construction and infrastructure projects, including the East Coast Rail Link (ECRL) project.

Group managing director Datuk Ang Chen Siong said the company has managed to secure RM875 million sub-contracts year-to-date mainly for infrastructure projects.

"The big projects we have secured include the Light Rail Transit Line 3 (LRT3) and for the Setiawangsa–Pantai Expressway - DUKE Phase 3. The work will give us earnings visibility between two and three years,” he said after the company’s shareholders meeting today.

Ang said the company would also bid for up to RM2 billion infrastructure and construction of medium-rise building for the public sector in the remaining quarters of the year.

“Our track record is proven as the general contractor specialising in bore piling, foundation work, bridge and flood mitigation works,” he added.

Ang said the company’s specialty in the above mentioned works would be a good sign to secure a fraction of the ECRL project.

The government recently announced that 40 per cent of the ECRL’s civil works will be awarded to local contractors following the new supplementary agreement signed with China Communications Construction Co Ltd on April 12.

“We believe our company’s proven track record gives better assurance to secure the ECRL project. We have already submitted the pre-qualification of the project.

“The 40 per cent portion is still enough for local contracts to share the total revised cost of about RM44 billion.

“Local players like us can also participate in sub-contract works as we have specialty in infrastructure project,” he said.

IJG is also well positioned to capitalism on the prospect of job opportunities arising from its vast experience and core expertise in bore piling and substructure works, superstructure works, bridges, roads and other infrastructure works.

With the new price tag, the construction cost for the ECRL project is reported rated at RM68 million per km compared to RM98mil per km previously.

Ang said IJG also in talks with several parties on the potential to construct infrastructure projects locally to get sustainable recurring income for the company.

“We believe by having a strategic alliance with partners would give us a better solution to tackle the downturn in the construction sector.

“We would continuously seeking for partner to embark on infrastructure and construction works,” he said.

He said the group would strengthen its core competencies and increase operational efficiency, while expanding its capacity to continuously bid for new contracts and strive to grow its business.

For the first-quarter ended March 31, 2019, IJG posted a net loss of RM14.72 million compared with a net profit of RM5.18 million previously.

Revenue dropped 22.09 per cent to RM65.19 million from RM83.67 million due to subdued construction activities, impairment and provisional chargers.
https://www.nst.com.my/business/2019/06/499865/ikhmas-jaya-expects-turnaround-fy19
nazrey no está en línea   Reply With Quote
Old July 8th, 2019, 01:37 PM   #2758
Nizam AK
In the brig
 
Join Date: Apr 2017
Posts: 1,241
Likes (Received): 701

Quote:
Originally Posted by Nizam AK View Post
skrg hya ada resit aje







ps: bukan nak tunjuk clever ye , hehe

Quote:

KUALA LUMPUR: The newly revived East Coast Rail Link (ECRL) project may be celebrated in a re-launch ceremony on July 25, says Transport Minister Anthony Loke.

He said Malaysian companies are also set to play a larger role as they will take on 40% of the project’s civil works.


“It is our hope that we fully utilise the project for the benefit of the Malaysian economy, not only at the construction stage but (in future) link up the whole railway network with the ports to ensure industrialisation will take place along the railway corridor,” he said.

Loke added that the project had the potential to boost the economy while effectively improving connectivity.

Former prime minister Datuk Seri Najib Razak had presided over the project's groundbreaking ceremony in Pekan in August 2017.

The project was revived after Malaysian Rail Link Sdn Bhd and China Communications Construction Company Ltd (CCCC) signed a supplementary agreement in Beijing in April.

Under the new deal, the project’s development cost was brought down from RM66bil to RM44bil and the previous 688km line was also shortened by 40km.
Read more at https://www.thestar.com.my/news/nati...PFPiYB2JTd2.99
Nizam AK no está en línea   Reply With Quote
Old July 9th, 2019, 02:23 PM   #2759
Nizam AK
In the brig
 
Join Date: Apr 2017
Posts: 1,241
Likes (Received): 701

KTM: THE 620km East Coast Rail Link (ECRL)

Quote:
While the market is all hyped up over projects like ECRL for which total project cost was reduced to RM44 billion, we believe this particular space to be overly crowded and competitive as there are 859 Grade 7 classified contractors participating in the pre-qualification exercise – all competing for the 40 per cent civil work portion of ECRL possibly valued at circa RM18 billion or less,” Kenanga Research said.

“Assuming 10 per cent of the Grade 7 contractors are successful in clinching an award from ECRL, it would translate to an average contract size of RM225 million for each player.

“Due to the stiff competition, we opine that the margins from ECRL would be less attractive for large-cap contractors to participate, but would be benefit smaller players that are hungry on order-book replenishment.”

As for the second half of current year 2019 (2HCY19), the research arm believed that the contract flows could be slower than 1HCY19 if contract awards from Klang Valley Double Track (KVDT) and ECRL commences in 2020, bringing total awards to less than RM16 billion for 2019.

“Nonetheless, with the highly anticipated Budget 2020, we hope that the government will revive mega infrastructure projects like Mass Rapid Transit Line 3 (MRT3) and High-Speed-Rail.”
https://www.theborneopost.com/2019/0...-analysts/amp/
Nizam AK no está en línea   Reply With Quote
Old July 9th, 2019, 06:58 PM   #2760
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 94,992
Likes (Received): 14385


https://assets.nst.com.my/images/art...1555143357.jpg
__________________
Malaysia Photo Gallery - Click Here for Malaysia Galleries
City & Town - | Kuala Lumpur | Penang | Johor Bahru |
Malacca | Putrajaya | Cyberjaya | Langkawi
Alor Setar, Ipoh, Johor Bahru, Kangar, Kota Bahru, Kota Kinabalu, Kuantan, Kuala Terengganu, Kuching, Seremban, Shah Alam, etc!
nazrey no está en línea   Reply With Quote
Sponsored Links
Advertisement
 


Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT +2. The time now is 09:08 PM.


Powered by vBulletin® Version 3.8.11 Beta 4
Copyright ©2000 - 2019, vBulletin Solutions Inc.
vBulletin Security provided by vBSecurity v2.2.2 (Pro) - vBulletin Mods & Addons Copyright © 2019 DragonByte Technologies Ltd.
Feedback Buttons provided by Advanced Post Thanks / Like (Pro) - vBulletin Mods & Addons Copyright © 2019 DragonByte Technologies Ltd.

SkyscraperCity ☆ In Urbanity We trust ☆ about us