MRT Corp awards RM3.03b Penang Mutiara LRT systems contract to MRCB-Theta Edge JV

MRT Corp has awarded a RM3.03 billion systems contract to a joint venture between MRCB and Theta Edge for the Penang Mutiara LRT project. This contract covers essential railway infrastructure, including signaling, power supply, and telecommunications systems.
Why it matters
This marks a critical milestone in the development of Penang's first LRT system, which is expected to significantly improve public transportation infrastructure in the region.
GEORGE TOWN, Aug 6 — MRT Corp has awarded a RM3.028 billion system turnkey contract for the Penang Mutiara LRT Line, marking the project’s next major phase in the construction of Penang’s first Light Rail Transit (LRT) system.
The contract was awarded to the Malaysian Resources Corporation Berhad (MRCB) and Theta Edge Berhad joint venture (MRCB–Theta Edge JV).
“The appointment will enable detailed design of the railway systems to proceed in parallel with the ongoing civil construction programme, ensuring both components remain aligned towards overall project delivery,” said MRT Corp in a statement today.
The system turnkey contract (STC) comprises seven major railway systems packages, namely electric trains and depot equipment, signalling and train control systems together with automatic platform gates, trackwork and conductor rail and maintenance vehicles.
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