Group managing director Datuk Wan Mohd Nor Wan Ahmad said as of to date, the company was the only one to have submitted a proposal for the project.
Asked whether the company was confident that it would be the one chosen by the Government to develop the multi-billion ringgit project, he said “we have to wait and see.”
“Hopefully, we'll hear some good news soon as it has been a year since we submitted the proposal,” said Wan Mohd Nor.
The company had proposed to develop the RM1.23bil rail network covering 100km to serve all the major suburbs in the country's first economic growth corridor.
The ICCT project is expected to start operations by 2013, with deployment of 19 three-car trains.
Under the proposal, seven new stations will be built together with 16 halts and the rail network will also include a shuttle service from JB Sentral to Woodlands in Singapore.
Among the areas covered by the service include Nusajaya with major developments such as Legoland Theme Park Malaysia and EduCity and the Johor Premium Outlets and Senai Hi-Tech Park in Senai-Kulai.
Smartbiz: Price attempts to move higher after consolidating for six sessions. Price must break through the 0.575 barrier to confirm its upswing. Immediate support @0.515.
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