Approval of third MRT line brings good news to Malaysia’s Construction Industry
KUALA LUMPUR (6 April 2021) – As Cabinet recently gave its approval to proceed with the construction of the third Klang Valley Mass Rapid Train (KVMRT) line dubbed the “circle line”, this boasts good news for the Malaysian construction industry.
According to James Yeoh, Director of Solid Horizon Sdn Bhd, the resurrection of KVMRTs line three will likely reinvigorate the local construction industry.
“KVMRT has always been a mega project for Malaysia,” he says. “It will bring continuity to the local construction industry and it will further enhance the development prospects for the entire Klang Valley market. With the huge demand this project will most likely have, it will draw in large construction companies which in turn will bring in contractors, suppliers and other small businesses which will benefit the whole supply chain.”
On 4 April, Datuk Seri Dr. Wee Ka Siong, Transport Minister of Malaysia released a statement on the cabinet’s decision to reinstate the MRT3 line which had been suspended by the Pakatan Harapan administration.
“Following the announcement of the project revival in Budget 2021 last year, the government has agreed that Mass Rapid Transit Corporation (MRT Corp) will be the project owner and developer, and it will update studies done in 2018 before the suspension of the project by the previous government,” he told reporters.
In a study submitted by MRT Corp to the government in 2016, the Circle Line was planned to provide a loop to integrate several rail lines in the Klang Valley by 2025. It would bypass Kuala Lumpur’s central business district while linking up with most the city’s radial rail lines.
MRT Corp hopes to begin the project in 2H2021.
END
