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

Nov 05, 2026

Contract Type

contract

Kuala LumpurTransportationGovernment

Description

MRT Corp has awarded a RM2.69 billion contract to a joint venture for the construction of the Penang LRT Mutiara Line's cross-sea extension. The project includes a 5.5km extension and aims to improve public transport connectivity between Penang Island and the mainland.

Company Information

Company

MRT

Location

Kuala Lumpur, Malaysia

About

MRT Corp is a government-owned company responsible for the development of the mass rapid transit system in Malaysia. The company aims to enhance public transport in urban areas and improve connectivity across the country. MRT Corp focuses on innovative and sustainable transportation solutions.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.