KUALA LUMPUR, Oct 24 – The Ministry of Transport (MOT) anticipates that the redevelopment of Kuala Lumpur Sentral Station (KL Sentral) will begin early next year.
Minister Anthony Loke said that the terms and conditions for the Public Private Partnership (PPP) redevelopment project 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,” he said during a press conference on Thursday.
Loke was asked to comment on the progress of the KL Sentral redevelopment, which was previously reported to begin later this year.
He also made an assurance that KL Sentral will continue to operate as usual during the project.
