MRT3 tender offer scheduled in August – MRT Corp


Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) expects the tender offer for the Mass Rapid Transit 3 (MRT3) project to be open for bidding in August this year.

Its CEO Datuk Mohd Zarif Hashim said his party had submitted a request for information (RFI) to industry players to enable them to be ready as the tender process this time is different than before.

Some changes will be in terms of the construction method of the mega project which was aimed in utilising the use and development of local technology.

“We want to emphasise on construction manufacturing methods such as the use of industrial building systems (IBS) and informed building models (BIM) in the project.

“This means, participants need to be proficient with these two methods to enable them to participate in the tender process which will begin in August,” he said at a briefing on the project in Kuala Lumpur today.

He added that this could also reduce the dependency on foreign workers, as the opportunity would entice the employment of local Malaysian employees to work in a more conducive environment such as factories rather than on construction sites.

According to Mohd Zarif, the MRT3 project is expected to take ten years to complete, compared to the previous projection of seven years.

He said his party also planned to raise funds of between 10% to 30% through private funding as part of the method to finance the project, while the rest of the funds will be from the government.  

When asked about the total cost of the project, Mohd Zarif said it is not too far from the estimates submitted by analysts previously.  

Analysts have estimated the MRT3 project will cost between RM20 billion to RM30 billion.

He also noted that the rail project would have 30 stations, but the number would be increased later, to further reduce the distance between each station in order to be more pedestrian friendly.

The overall distance of the rail line is 50 kilometers with 40% of the route will be underground.