Tuesday, 9 June 2015

Sunway strong contender for 40km KL-Klang elevated dedicated bus lane

Sunway Construction Bhd, the builder of the country’s first elevated dedicated bus lane in Bandar Sunway, is a strong contender to bid for the expansion of the project, analysts said.

This should fire up interest in the company, which is said to be planning to sell its shares to the public as early as next month.

The second bus rapid transit (BRT) system is being planned to link Central Market in Kuala Lumpur to Klang in Selangor. The 40km stretch will be built along the Federal Highway.

Sunway Construction has “a strong track record advantage when bidding opens for the next BRT line,” said CIMB Research analyst Sharizan Rosely.

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