Wednesday June 27, 2007
MRCB to build and operate RM977m expressway
KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) yesterday signed a concession agreement with the Government via the Works Ministry to design, construct, operate and maintain the Eastern Dispersal Link Expressway (EDL) in Johor worth RM977mil.
Group managing director Shahril Ridza Ridzuan said the project would be undertaken by wholly owned subsidiary, MRCB Linkaran Selatan Sdn Bhd (MLSSB).
Shahril said the EDL, which had a concession period of 34 years, would take four years to complete (inclusive of land acquisition) starting from Oct 1.
Stretching about 8.1km, the EDL is an open toll system with dual three-lane carriageway directly linking the new Customs, Immigration and Quarantine Complex (CIQ) at Tanjung Puteri and North-South Expressway via the Pandan Interchange in Johor Baru.
The EDL project also included providing an integrated traffic surveillance and control system, street lighting and traffic information system that would reduce the journey between the Pandan Interchange and CIQ to less than 10 minutes, he told reporters after the signing between MLSSB and the Government yesterday.
Shahril said the EDL, which was the company’s second concession project, was significant for MRCB as it would be playing a major role in the infrastructure works needed to support the Iskandar Development Region.