Thursday, 15 March 2012

Zelan subsidiary lands RM307m Gombak transport terminal project

KUALA LUMPUR (March 15): ZELAN BHD []’s 95%-owned Terminal Bersepadu Gombak Sdn Bhd (Tegas) has secured a 25 year and three months concession from the government for the Gombak Integrated Transport Terminal.

It said on Thursday that Tegas would undertake the project on a build-lease-manage-operate-transfer basis via the public private partnership.

The project would comprise of a seven storey terminal complex and related facilities next to the existing Gombak LRT station.

Zelan said the CONSTRUCTION [] period was 27 months and the total construction cost was about RM307.37 million.

The terminal would be the transportation hub to take over the existing operations of the eastbound intercity buses and taxis as well as intracity buses and taxis for Klang Valley. It would also be a temporary hub for the operations of the northbound intercity buses and taxis.

Zelan said the government had also awarded Tegas the contract to undertake the Taman Melati road upgrading and the Middle Ring Road 2 upgrading.

The government would pay Tegas RM64.18 million after it had issued the certificate of acceptance, confirming the completion of the construction.

The government would also pay RM3.11 million every month during the concession period for carrying out the construction, operating the facilities and for asset management services.



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