The Malaysia-Singapore Rapid Transit System Link project has been contracted. Ekovest Construction will develop the high-speed railway connecting Singapore and Johor Bahru in southern Malaysia. The company is a subsidiary of property developer Lim Kang Hoo’s Ekovest company.
By the end of 2026, the Malaysia-Singapore Rapid Transit System Link will be fully operational. Furthermore, it will be able to carry 10,000 commuters an hour in each direction. As a result, it will reduce the amount of traffic on the causeway.
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The project has been in the planning stages for years, and its original completion date was set for the end of 2024. However, the Malaysian government requested changes to the project’s design in April 2019. The request made implementation to be put on hold.
The Malaysia-Singapore Rapid Transit System Link project scope
Ekovest Construction will build the Bukit Chagar station and the 2.7 kilometers of rail that connect to the Woodlands North MRT station in Singapore. Contractors like China Communications Construction Co. and Japan’s Penta Ocean are building a portion of this railway in Singapore, along with the immigration and quarantine facility.
The project will help Ecovest replenish its order book. Furthermore, it will improve the group’s earnings. Iskandar Waterfront Holdings, a Malaysian company owned by Lim Kang Hoo is creating a new urban township. Moreover, the township, located in Johor Bahru, will spread over 4,000 tracts of land.
The involvement of ECSB as APSB’s collaborative partner and the EPC contractor to construct the Malaysia-Singapore Rapid Transit System Link project will restock the construction order book. Furthermore, it is anticipated to have a positive impact on the financial performance of Ekovest and its group of companies.