PETALING JAYA: The revival of the mass rapid transit three (MRT3) project will help propel the overall growth of the construction industry in the country.
Benefiting from the mega infrastructure project are Gamuda Bhd
, YTL Corp Bhd and HSS Engineers Bhd, according to CGS International (CGSI) Research.
The research house noted that Gamuda was the lowest bidder for civil main contractor (CMC) 303 tunnelling before a retender, while YTL was the lowest bidder for CMC 302 before a retender, and HSS was involved in the existing project management consultant (PMC) contract.
“The recognition for HSS’ MRT 3 PMC contract, which was awarded in late 2022 has been slow, given the large civil packages for MRT 3 have yet to be awarded,” CGSI Research said.
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