A new Malaysian highway concession agreement

A consortium is to handle the concession package for Malaysia’s Kinrara-Damansara Expressway (Kidex) project. The concession and contracting consortium comprises the construction companies Emrail and Zabima Engineering and Construction. The concession for the 13.5km stretch of road is being agreed with the Malaysian Government. Construction work commenced in May 2011 and will take close to three years to complete. The project is costing close to US$700 million while the concession package is for a period of
September 19, 2013 Read time: 1 min
A consortium is to handle the concession package for Malaysia’s Kinrara-Damansara Expressway (Kidex) project. The concession and contracting consortium comprises the construction companies Emrail and Zabima Engineering and Construction. The concession for the 13.5km stretch of road is being agreed with the 3491 Malaysian Government. Construction work commenced in May 2011 and will take close to three years to complete. The project is costing close to US$700 million while the concession package is for a period of 40 years.
Road Structures

For more information on companies in this article

Related Content

  • Beijing expressway PPP project
    September 21, 2015
    A major road project has been awarded in China, which will improve connections to capital Beijing. The Beijing Xingyan Expressway Project was won by a consortium comprising China Railway Construction and its units China Railway 14th Bureau Group as well as China Railway 12th Bureau Group. This is a massive construction project and is worth around US$2.06 billion. The project is being handled under the PPP model and will take 39 months to construct while the consortium’s concession package will be for a peri
    Read More
  • Cost increases for major Chilean highway project
    November 15, 2013
    The cost of Chile’s Vespucio Oriente highway project is increasing, while its completion also looks set to be delayed. A 13% budget increase is now required due to additional costs from a number of factors such as urban landscaping, according to Business News Americas. The Américo Vespucio Oriente (AVO) expressway is being built in Chilean capital Santiago and was originally expected to cost in the region of US$940 million. However Chile’s Public Works Ministry, MOP, has said that the route will now cost so
    Read More
  • Spanish highway project to get EIB A-rated bond issue?
    April 20, 2012
    The European Investment Bank (EIB) is reported to be in talks with the sponsors of the A-66 Benavente-Zamora highway public private partnership (PPP) in Spain over a possible bond financing deal, which would see the Bank provide subordinated debt for an A-rated bond issue. The possible bond issue would be a further greenfield project to launch the European Union’s Project Bond 2020 initiative, with its initial pilot stage being managed by the EIB.
    Read More
  • IJM backs out of deal to buy Malaysian road operator SILK
    November 25, 2014
    IJM, one of Malaysia’s largest construction conglomerates, has bailed out of a deal to buy the highways concession business SILK. SILK Holdings, owner of the subsidiary SILK, Sistem Lingkaran-Lebuhraya Kajang, and IJM agreed to end the US$118 million takeover deal that was announced in June, the Sun newspaper reported. SILK holds the concession for the 37km Kajang Traffic Dispersal Ring Road, also called the Silk Highway, until 2037. The road opened in 2004. IJM noted in June, in its filing of intention
    Read More

Highlighted Content