LRT 3 9bil jobs divided into 59 contracts. Augusts news mentioned 11/59 awarded (only 2 awarded to listing company).. then subsequent wct, suncon and gbgqrs got another 4 contracts.
As in MRT project, Fajar usually get to contruct the station buildings... so after they have done the LRT3 rail structure... the buildings will be completed last in 2019-2020
one of the main objectives of ESOS is to align employees' (& directors) interests with that of shareholders... it does not seem to be the case ... or is it that its Directors & Senior Mgrs are just not loyal and are just too greedy to continue disposing their share options? ESOS is supposed to be a long term proposition, and not within 6 mths!
CONSTRUCTION players planning for the start of big-ticket jobs finally got the news they were waiting for. The large construction jobs valued at more than RM150bil will be dished out next year.
The RM55bil East Coast Rail Link (ECRL) will kick off in January, while the construction of the MRT3 or the circle line will be expedited to be completed by 2025, earlier than the initial target of 2027.
The next few years look promising for :
1) Gamuda Bhd.
2) George Kent (M) Bhd.
3) WCT Holdings Bhd.
4) Gabungan AQRS Bhd.
5) Mudajaya Bhd.
6) Sunway Construction Bhd.
7) Fajarbaru Builder Group Bhd.
8) TRC Synergy Bhd.
In order to ensure a balanced economic spillover between urban and rural areas, the Government will improve logistics and transport infrastructure through the ECRL project which connects Port Klang to Pengkalan Kubor in Kelantan, which has the capacity to transport cargo and passengers in four hours. For now, more than 1,000 firms are competing for civil work packages for the construction of the new 688km rail line that will link states on the east coast to the Klang Valley.
Meanwhile, the MRT2 Line from Sungai Buloh–Serdang–Putrajaya, spanning 52km and covering 37 stations with an estimated construction cost of RM32bil, will go on. It is estimated to be completed by 2022.
A sum of RM110mil has also been allocated to provide an alternative road to Port Klang to smoothen and complement the transportation network.
Furthermore, the construction of the LRT3 project, which will connect Bandar Utama to Johan Setia, Klang, is expected to be completed by February 2021.
Another construction commitment is the high-speed rail project, which will connect Kuala Lumpur to Singapore in a distance of 350km in 90 minutes to be completed by 2026.
The West Coast Highway from Banting, Selangor, to Taiping, Perak is under construction at an estimated cost of RM5bil.
As for the Central Spine Road, RM230mil has been allocated to continue the construction of the road from Raub to Bentong and Gua Musang, Kelantan, to Kampung Relong, Pahang.
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Simple man
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Posted by Simple man > 2017-10-05 22:18 | Report Abuse
no one buy?