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KUALA LUMPUR, 17 Jan 2017:
Lebuhraya DUKE Fasa 2A Sdn Bhd (LDF2A), a unit of Ekovest Bhd, has obtained principle approval from the government for the proposed privatisation of the Kampung Baru Link, Istana Link and Kapar Link Expressway.
In a filing to Bursa Malaysia today, the company said the estimated total project cost was RM6.32 billion – which was expected to be financed through internally generated funds, borrowings and/or other fund raising exercises.
The proposed project, with a total length of 75.2km, “is expected to provide vital connectivity and direct linkage for movement in and around Kuala Lumpur City Centre and completes the missing link for seamless travelling in and out of Greater Kuala Lumpur and Klang Valley”.