TRXC awards Gadang RM38m contract to build bridge


TRX City Sdn Bhd (TRXC), the master developer of the upcoming international financial district Tun Razak Exchange (TRX), has awarded Gadang Engineering (M) Sdn Bhd a RM38.5 million contract to build a vehicular and pedestrian bridge that will connect the project’s north and south parcels.

The contract requires Gadang to construct the main bridge deck over Jalan Sultan Ismail, Kuala Lumpur (KL), that will link the two sections.

The 67m single span bridge will include a cantilevered structure to accommodate a pedestrian walkway and a utility corridor located within the truss system to host power and other utilities connections.

TRX is divided into two sections — the 57-acre (23.07ha) north parcel which is currently under construction and the 13-acre south parcel.

Gadang Holdings Bhd noted in an exchange filing on Tuesday that it has received and accepted a letter of award from TRXC to undertake the works.

The construction company stated that the project shall commence on July 1, 2019, and shall be completed by the third quarter of 2020.

It added that the risks associated with the project are mainly operational risks, such as launching of the steel bridge and permit approval from local authorities.

Seamless connectivity is a vital part of TRX as the future central business district of KL and its most accessible district.

The development features an integrated mass rapid transit (MRT) interchange station that hosts the Sungai Buloh-Kajang MRT line and the Sungai Buloh-Serdang-Putrajaya line.

This is further supported by direct links to major thoroughfares such as Jalan Tun Razak, the Maju Express Highway, SMART Tunnel and upcoming DUKE 3 (Setiawangsa- Pantai Expressway).

Along with the public and private transport linkages, the pedestrian connectivity in TRX via its North West Plaza, off Jalan Imbi, ensures a direct link between the financial district and KL’s shopping belt in Bukit Bintang.

With Menara Prudential and the Exchange 106 already at the final stages of completion, TRXC is expecting the first tenants of the financial district to move in by mid-2019.

The new headquarters for HSBC Bank Malaysia Bhd and Affin Bank Bhd are currently under construction and expected to be ready in 2020.

The TRX, a lifestyle development jointly developed by Lendlease Corp Ltd and TRXC, is expected to be ready in 2021.