the sun malaysia ipaper logo 150x150
Thursday, July 2, 2026
28.6 C
Kuala Lumpur
the sun malaysia ipaper logo 150x150

MRT3: Land acquisition process to start in stages next year

PUTRAJAYA: MRT Corp will begin its land acquisition process in stages from next year for the Mass Rapid Transit Line 3 (MRT3) Circle Line project, which will take two years to be finalised, said Transport Minister Anthony Loke.

Speaking at a media conference after the Lease Agreement signing ceremony between MRT Corp and the Federal Lands Commissioner (PTP) here today, Loke said that to minimise the cost of land acquisition for the government, MRT Corp will actively cooperate with property developers to integrate the MRT3 stations.

“I would like to state here that the government has approved the allocation for the process of land acquisition for the MRT3 project.

“Our approach towards the land acquisition process will combine prudent and courteous measures to ensure minimal social impact on the community,” he said.

Without giving any details on the amount allocated for that purpose, Loke said the acquisition process is expected to involve 1,012 lots of land covering 842 private lots of land, government land (133 lots) and unknown land (37 lots).

“As we have said, there is a mechanism to minimise the cost for the government and we are also open to discussions with landowners,” he said, adding that the alignment for MRT3 has yet to be finalised.

Regarding the lease agreement, Loke said the interest of the Unity Government through PTP and MRT Corp will be guaranteed, especially in ensuring that regulation and asset management are more efficient and the reserve areas along the MRT alignment are properly monitored.

“This will enable MRT Corp to implement spillover development that can provide commercial returns and make sure the people will benefit from the provision of public facilities at MRT station areas,” he said.

Earlier, Loke and Minister of Natural Resources and Environmental Sustainability Nik Nazmi Nik Ahmad witnessed the signing ceremony, which was officiated by Department of Lands and Mines director-general Datuk Muhammad Azmi Mohd Zain and MRT Corp chief executive officer Datuk Mohd Zarif Hashim.

The agreement is for the existing route, namely the Kajang and Putrajaya MRT lines. –Bernama

STAY AHEAD OF THE CURVE

Join our community for instant updates and exclusive content.

Join Telegram Channel

Related


spot_img

Latest News

Bora Pharmaceuticals Completes Acquisition of MacroGenics’ Rockville Manufacturing Operations

TAIPEI, TAIWAN - Media OutReach Newswire - 2 July 2026 - Bora Pharmaceuticals Co., Ltd. ("Bora" or "Bora Group"; TWSE: 6472; OTCQX: BORAY) today announced the completion of its acquisition of the GMP manufacturing operations of MacroGenics, Inc. (NASDAQ: MGNX) including its biologics drug substance facility in Rockville, Maryland and an associated warehousing center in Frederick, Maryland, for total consideration of US $122.5 million through its wholly owned subsidiary Bora Biologics USA, LLC.. Upon closing, Bora signed a long-term CDMO Service Agreement with MacroGenics.

Most Viewed

spot_img
WC26

World Cup 2026

Updates, Fixtures, Results & Standings