Construction work is starting on Malaysia’s massive Penang Roads and Tunnels project.
Construction work is starting on Malaysia’s massive Penang Roads and Tunnels project. Various transactions for land acquisition are being handled. Phase 1 of the project, for a 5.7km bypass, is expected to take three years to carry out. Phase 2 of the project will commence in the third quarter of 2020. This is one of a number of key projects underway in Malaysia at present, in addition to the massive Pan Borneo Highway project.
The project is for a tolled undersea tunnel as well as three link roads. The project is expected to cost US$1.53 billion and it concession package is for a 30 year period. The work is being handled by a consortium, headed by Zenith Construction and also including Vertice and Juteras.
