KUALA LUMPUR — The redevelopment of Kuala Lumpur Sentral Station (KL Sentral) is expected to begin early next year, Transport Ministry Anthony Loke said today.
The terms and conditions for the redevelopment project, under a public-private partnership (PPP) are still under negotiation between the Public Private Partnership Unit (Ukas) and the developer.
“We must finalise the agreement first before we can start the construction. So we hope that the negotiation can be completed within this year, in the next two to three months, and hopefully, the project can begin by early next year.
“With PPP, the entire cost will be borne by the developer. In return, the developer will receive the air rights which allows them to construct a building on top of the station, creating a mixed-use development,” Loke told a press conference here, today.
The minister was asked to comment on the progress of the KL Sentral redevelopment, which was previously reported to begin later this year.
Loke assured that KL Sentral will continue to operate as usual during the project.
On Budget 2025’s proposal to continue the My50 pass initiative with an allocation of RM216 million, Loke said the extension is expected to attract more public transport users in the Klang Valley.
“Currently, the monthly average subscription for the My50 pass is approximately 226,000 users, a significant increase compared to just 98,000 subscriptions when it was launched in 2019.
“We are confident that these statistics will continue to rise with the extension of the My50 initiative,” he said.
Loke added that public transport facilities will continue to be improved, particularly in terms of peak trip frequency, reducing technical disruptions, and enhancing My50 subscription through the Touch ‘n Go e-wallet.
The My50 initiative offers an unlimited travel pass for RM50 per month, providing access to rail and bus services operated by Prasarana throughout the Klang Valley.
On bidding for the special vehicle registration number series MADANI, Loke said the series’ sales revenue has reached RM2.6 million to date. – October 24, 2024