11/11/2008 Malaysian Resources Corp Bhd’s (MRCB) RM1.3bil Eastern Dispersal Link (EDL) highway project in Johor is scheduled to be completed by the end of 2011 and operational in early 2012, said chief development officer Shaharizuan Shafiei. The 15km highway links the Pandan Interchange at the Tebrau Highway to the North-South Expressway and the new Johor Baru Customs, Immigration and Quarantine (CIQ) complex in Bukit Cagar. Shaharizuan said preliminary construction works had started since August. He said the main activity of the project now was land acquisition, which involved 150 lots of properties in a 28.32ha site within the designated development area. “As of now, we have acquired between 30% and 35% of the total land area and hopefully the land acquisition will finish by June 2009,” Shaharizuan said on Sunday at a company event. He said the RM228mil compensation to the landowners would be borne by MRCB while the construction cost was estimated at RM670mil. Shaharizuan said the although cost of the project had been fixed, MRCB would appeal for the contract to be revised “if the cost goes up due to the increase in prices of raw materials and we cannot bear to proceed with the work.” MRCB has been awarded a 34-year concession period to collect toll at the EDL. Apart from the EDL project, the firm is also building the RM550mil Permai Psychiatric Hospital in Tampoi for the Health Ministry. “We are also eyeing more projects especially within Iskandar Malaysia,” said Shaharizuan.Mok Chek Hou briefed on MRCB projects
11/11/2008 Malaysian Resources Corp Bhd’s (MRCB) RM1.3bil Eastern Dispersal Link (EDL) highway project in Johor is scheduled to be completed by the end of 2011 and operational in early 2012, said chief development officer Shaharizuan Shafiei. The 15km highway links the Pandan Interchange at the Tebrau Highway to the North-South Expressway and the new Johor Baru Customs, Immigration and Quarantine (CIQ) complex in Bukit Cagar. Shaharizuan said preliminary construction works had started since August. He said the main activity of the project now was land acquisition, which involved 150 lots of properties in a 28.32ha site within the designated development area. “As of now, we have acquired between 30% and 35% of the total land area and hopefully the land acquisition will finish by June 2009,” Shaharizuan said on Sunday at a company event. He said the RM228mil compensation to the landowners would be borne by MRCB while the construction cost was estimated at RM670mil. Shaharizuan said the although cost of the project had been fixed, MRCB would appeal for the contract to be revised “if the cost goes up due to the increase in prices of raw materials and we cannot bear to proceed with the work.” MRCB has been awarded a 34-year concession period to collect toll at the EDL. Apart from the EDL project, the firm is also building the RM550mil Permai Psychiatric Hospital in Tampoi for the Health Ministry. “We are also eyeing more projects especially within Iskandar Malaysia,” said Shaharizuan.
