MRT Corp shifts focus to Penang and Johor

Quick Summary:

Mass Rapid Transit (MRT) Corp Sdn Bhd is shifting its focus beyond the Klang Valley, aiming to position Penang and Johor as Malaysia’s next economic hubs, says chief executive officer Datuk Mohd Zarif Hashim.

But we cannot have a single centre of growth.“The economy must also expand to the north and south,” he said, emphasising Penang’s role as a hub for the electrical and electronics cluster and the importance of maintaining its competitive edge.

To note, Penang’s Mutiara Line light rail transit (LRT) is set to break ground on Jan 11 and is expected to be completed by 2030, while Johor’s rapid transit system connecting to Singapore is scheduled for completion by the end of 2026.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaSingapore

Topics: Corporate News JohorGrowth MRTCorp /Business/Business News UrbanRegeneration PublicTransport PenangLRT EconomicHubs

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-08 @ 00:00:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 677 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 34 words per sentence (average)

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Copyright Owner: © The Star

News ID: 24965807

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