Light at the end of tunnel for Gadang

KUALA LUMPUR: Gadang Holdings Bhd is set to see some light at the end of the tunnel a year after Malaysians voted for a change in government, with the revival of some large infrastructure projects like the East Coast Rail Link (ECRL) and Bandar Malaysia.

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No decision yet on ECRL’s bumiputera quota

  PUTRAJAYA (May 28): Prime Minister Tun Dr Mahathir Mohamad said the government had yet to decide on imposing a bumiputera quota on the civil works that are reserved for local contractors in the East Coast Rail Link (ECRL) project.

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MRL to work on new EIA for ECRL in 3Q19

KUALA LUMPUR (May 9): Malaysia Rail Link Sdn Bhd (MRL) expects to work on a new feasibility study and environmental impact assessment (EIA) report for the East Coast Rail Link (ECRL) in the third quarter of 2019 as the entire rail alignment would be detailed out by then.

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Bursa chief sees ECRL, Bandar Malaysia as market catalysts

  KUALA LUMPUR (April 30): Recent announcements such as the East Coast Rail Link (ECRL) and Bandar Malaysia projects’ revival will serve as a catalyst that will stimulate the broader equity market, said Bursa Malaysia Bhd chief executive officer Datuk Muhamad Umar Swift.

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