N-S highway and NKVE to get 4th lane costing RM1.4bil

The STAR 7/7/10

Govt awards RM1.4bil contract to PLUS

PETALING JAYA: The Ministry of Works has informed PLUS Expressways Bhd’s wholly owned subsidiary Projek Lebuhraya Utara-Selatan Bhd (PLUS) that the Government has awarded it a contract estimated to be worth RM1.143bil to build a fourth lane along certain stretches of the North-South Expressway and the New Klang Valley Expressway.

In a filing with Bursa Malaysia, PLUS Expressways said the stretches were Shah Alam to Rawang, Shah Alam to Jalan Duta and a section from Nilai (North) to Seremban.

“The details of the proposed funding for the fourth lane widening works are under review,” it said "and discussion with the Government, and shall be subject to the approval of the Government, bondholders/lenders and the board of directors of PLUS and/or PLUS Expressways,” it added.

“PLUS Expressways will make the appropriate announcement to the exchange in a timely manner on any further development on this matter,” it said.