Daily Market Report (29 Aug 2019)
Thu, Aug 29, 2019 8:57 AM
- It is finally confirmed that works on Penang’s tunnel project worth RM6.34bn is set to commence by end-October 2019.
- Consortium Zenith Construction Sdn Bhd, which is the main contractor for the multi-billion-ringgit project, has indicated that the Penang state government has committed to proceed with the construction of the infrastructure works.
- The whole project will comprise of three toll-free roads and a tolled tunnel. The news should be positive to Vertice Bhd which will certainly play a huge part in the project while Vizione Holdings Bhd may also partake in the project as well.
