GEORGE TOWN - Penang is set to get its maiden LRT project – a 17.5km elevated stretch linking Komtar with the Penang International Airport.
With construction slated to begin next year, the RM4.5bil project is part of a package of solutions for an island that has long been choking on its traffic.
The LRT project – expected to be awarded in June – will mark the realisation of the long-awaited implementation of the RM27bil Penang Transport Master Plan (PTMP), which also includes a 25km expressway linking Bayan Lepas and Tanjung Bungah.
According to reliable sources, Gamuda Bhd, IJM Corp Bhd, and a Chinese company have been shortlisted to undertake the projects, the bulk of which would be funded through land reclamation rights in the state.
The LRT and new expressway will be built using the Project Delivery Partner (PDP) concept, where the PDP will step in to resolve problems should parts of the construction fail to meet construction criteria.
In Penang’s case, should either one of the Malaysian companies get the award, it would have to partner with the Chinese company, especially in the construction of the LRT project.
It would be likewise should the Chinese company win the contract.