Business

MRT3 sees over 40 submissions from major construction players

Several private funding initiative propositions received, adds MRT Corp chief executive

Updated 2 years ago · Published on 29 Jul 2021 7:00PM

MRT3 sees over 40 submissions from major construction players
MRT Corp chief executive Datuk Mohd Zarif Hashim says the firm needs to adjust the timeline for the tender process for MRT3 Circle Line’s first package. – The Vibes file pic, July 29, 2021

KUALA LUMPUR – Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) has received over 40 submissions from major construction players in Malaysia under the request for information (RFI) exercise for the MRT3 Circle Line.

MRT Corp chief executive Datuk Mohd Zarif Hashim in a statement today said the exercise, which began on April 9, is to enable the company to gauge the interest, capacity and capability of local construction players in relation to the project.

“The information will also help MRT Corp establish the best structure for the project. We have engaged the players who participated in the RFI, and we have provided them with feedback on the information given.”

He said the firm has received several private funding initiative (PFI) propositions for the project, following a briefing session in April.

“MRT Corp is still evaluating the merits of the PFI scheme. In view of this, MRT Corp needs to adjust the timeline for the tender process for the first package of the project, and will announce the new date for the calling of the tender in the future.” – Bernama, July 29, 2021

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