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Our Sites ePaper dimsum entertainment TheStarTV.com myStarjob.com Carsifu StarProperty iBilik R.AGE mStar Majoriti Kuali Newsstand StarCherish.com 988 FM Suria FM More AboutContact UsFAQ The Star ePaperAdvertise with Us ePaperEventsR.AGEmStarMajoritiStarPropertyStarCherishStarCarsifuStarSearchmyStarjobKualiKuntumSuriaFM988FM × View * Subscriptions * Log In * * Manage Profile * Change Password * Manage Logins * Manage Subscription * Transaction History * Manage Billing Info * Manage For You * Manage Bookmarks * Package & Pricing * FAQs * Log Out Toggle navigation * Toggle navigation * PJD Link secures RM922mil funding, inks agreement to appoint contractor * * StarPlus * News * Asean+ * Business * Sport * Metro * Lifestyle * Food * Tech * Education * Opinion * Videos * Photos * StarPicks X * Subscriptions * The Star Digital Access * Newsstand * SMS Services * Log In * * Manage Profile * Change Password * Manage Logins * Manage Subscription * Transaction History * Manage Billing Info * Manage For You * Manage Bookmarks * Package & Pricing * FAQs * Log Out * * * Home * StarPlus * News * Latest * Nation * World * Environment * In Other Media * True or Not * Focus * Asean+ * Business * News * SMEBiz * Insight * Unit Trust * Exchange Rates * My Portfolio * Market Watch * Bursa Overview * Market Movers * Financial Results * Dividends * Bonus * IPO * Sport * Football * Golf * Badminton * Tennis * Motorsport * Athletics * Hockey * Other Sport * Say What * Metro * Metro News * Community Sports * Views * Lifestyle * Entertainment & Style * People & Living * Health & Family * Travel & Culture * Viewpoints * Food * Food News * Eating Out * Food for Thought * Kuali * Education * News * Tech * Tech Thoughts * Opinion * Letters * Columnists * Videos * Photos * StarPicks * More * Classifieds * Events * StarCherish.com Home StarPlus News * Latest * Nation * World * Environment * In Other Media * True or Not * Focus Asean+ Business * News * SMEBiz * Insight * Unit Trust * Exchange Rates * My Portfolio Market Watch * Bursa Overview * Market Movers * Financial Results * Dividends * Bonus * IPO Sport * Football * Golf * Badminton * Tennis * Motorsport * Athletics * Hockey * Other Sports * Say What Metro * Metro News * Community Sports * Views Lifestyle * Entertainment & Style * People & Living * Health & Family * Travel & Culture * Viewpoints Food * Food News * Eating Out * Food for Thought * Kuali Tech * Tech Thoughts Education * News Opinion * Columnists * Letters Videos Photos StarPicks More * Classifieds * Events * StarCherish.com TOPICS Previous State Polls 2023| StarExtra| Flood Alert| StarESG| Urban Biodiversity| True or Not| SOBA 2023| Covid-19 Watch| Sabah & Sarawak| Do You Know Next PJD LINK SECURES RM922MIL FUNDING, INKS AGREEMENT TO APPOINT CONTRACTOR -------------------------------------------------------------------------------- * Corporate News * Tuesday, 06 Jun 2023 4:30 PM MYT RELATED NEWS -------------------------------------------------------------------------------- Corporate News 07 Jun 2023 PJD LINK SECURES RM922MIL FOR EXPRESSWAY Markets 10h ago BURSA MALAYSIA ENDS ON SOFTER NOTE DESPITE OPR STATUS QUO Golf 02 Jul 2023 RETAILER HOSTS REGIONAL CELEBRATION IN KUALA LUMPUR FOR BRAND... PJD Link chief executive officer Amrish Hari Narayanan KUALA LUMPUR: PJD Link (M) Sdn Bhd (PJD Link) has secured RM922 million in funding as part of its project financing required for the Petaling Jaya Dispersal Link (PJD Link Expressway). In a statement today, PJD Link chief executive officer Amrish Hari Narayanan said it is now able to move forward with the remaining phases of its project finance, which include raising the remaining portion of the project costs via the sukuk market. "The capacity to finance the project is one of the conditions precedent under the concession agreement, in addition to obtaining approvals for the social, environmental and traffic impact reports," he said. PJD Link is the concessionaire of the proposed PJD Link Expressway, a 25.4-km, two-lane dual carriageway (four lanes) expressway that commences after the NKVE toll plaza on SPRINT Highway, Damansara. It ends at the Bukit Jalil highway interchange. The project is aimed at improving traffic congestion and caters to future vehicle growth in the greater Kuala Lumpur and Klang Valley area. PJD Link signed a concession agreement with the Malaysian government on April 5, 2022. In the same statement, PJD Link also said that it has signed a heads of agreement with MCC Overseas (M) Sdn Bhd (MCC Malaysia) to appoint MCC Malaysia as PJD Link Expressway’s engineering, procurement and construction contractor. The signing ceremony was witnessed by MCC International Incorporation Ltd president Yang Roubing, the Macao SAR Government, China International Contractors Association members and Scomi Energy Services Bhd chief executive officer Amirul Baharom at the 14th International Infrastructure Investment and Construction Forum in Macao on June 1, 2023. StarPicks CURE FOR CHRONIC LOWER BACK PAIN MCC Malaysia is a subsidiary of China Metallurgical Group Corporation, a construction engineering conglomerate listed on the Shanghai and Hong Kong Stock exchanges. - Bernama Subscribe now to our Premium Plan for an ad-free and unlimited reading experience! Tags / Keywords: PJD Link , MCC Malaysia , PJD Link Expressway , Amrish Hari Narayanan Topic: Corporate News HOW USEFUL IS THIS ARTICLE TO YOU? 50% of our readers find this article useful FOUND A MISTAKE IN THIS ARTICLE? Report it to us. What is the issue about? Spelling and grammatical error Factually incorrect Story is irrelevant This field is mandatory This field is mandatory Email (optional) Please enter valid email. Report issue Report issue Cancel Invalid captcha response. Please re-try again. Thank you for your report! RELATED NEWS -------------------------------------------------------------------------------- Corporate News 07 Jun 2023 PJD LINK SECURES RM922MIL FOR EXPRESSWAY Markets 10h ago BURSA MALAYSIA ENDS ON SOFTER NOTE DESPITE OPR STATUS QUO Golf 02 Jul 2023 RETAILER HOSTS REGIONAL CELEBRATION IN KUALA LUMPUR FOR BRAND... RELATED NEWS -------------------------------------------------------------------------------- Corporate News 07 Jun 2023 PJD LINK SECURES RM922MIL FOR EXPRESSWAY Markets 10h ago BURSA MALAYSIA ENDS ON SOFTER NOTE DESPITE OPR STATUS QUO Golf 02 Jul 2023 RETAILER HOSTS REGIONAL CELEBRATION IN KUALA LUMPUR FOR BRAND... NEXT IN BUSINESS NEWS Air passenger traffic jumps 39.1% in May 2023 - IATA Catcha Digital launches i-Gov that focuses on... US layoffs halve in June as tech job cuts ease - report Australia's Coles Supermarkets enters Malaysia... Ringgit lower against US$ at the close Maintaining OPR in line with global economic... Gentari partners Keppel to develop sustainable energy... Sunway completes RM30mil upgrading works at Sunway... Bursa Malaysia ends on softer note despite OPR status... Current CPO price is fair for producers... 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