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MRT Corp Issues Notice to Proceed for RM8.31 Billion Penang LRT Construction Contract
Jul 17, 2025•11 months ago
Contract Type
contract
SelangorTransportationGovernment
Description
MRT Corp has confirmed the issuance of a notice to proceed to SRS Consortium for the construction of the Penang LRT project, following the consortium's fulfillment of key contractual conditions. The contract, worth RM8.31 billion, includes the development of a 24km line with 19 stations, with major construction expected to begin in late 2026.
Company Information
Company
MRT
Location
Selangor, Malaysia
About
MRT Corp is a government-owned corporation responsible for the planning, design, and construction of the Mass Rapid Transit system in Malaysia. It operates under the finance ministry and focuses on enhancing public transport infrastructure. The company aims to improve connectivity and urban mobility across major cities in the country.
SelangorTransportationGovernment