Thursday, 14 September 2017 | MYT 12:52 PM
TRC Synergy JV gets RM348m MRT Line 2 job
KUALA LUMPUR: TRC Synergy Bhd's joint venture with Konsortium Kontraktor Melayu (KKM) has secured a RM348mil contract for part of the Mass Rapid Transit Sungai Buloh-Serdang-Putrajaya (Line 2).
It announced on Thursday the JV had accepted the contract from Mass Rapid Transit Corporation Sdn Bhd which involves building the Serdang maintenance depot and external works.
The construction and property firm said the project would contribute positively to the earnings and earnings per share of the TRC Group in the future.
Just last week, TRC bagged a RM760.55mil contract from Prasarana Malaysia Bhd for jobs related to the Light Rail Transit Line 3 (LRT3).
The award was to build the second phase of the Johan Setia Depot in Klang and “associated works” for the construction and completion of LRT3 from Bandar Utama to Johan Setia.
In a May report, TRC had said that it would aggressively tender for MRT and LRT packages this year in line.
The report said that TRC, which is mainly involved in the construction business, aimed to raise the contribution ratio for construction and property segments to 80:20 from the current 90:10.