Ipoh-Lumut Expressway
Sector: Commercial • Location: Perak, Malaysia
Source: World Bank Group
The Ipoh-Lumut Expressway is a 70km dual two-way expressway. The Seri Ipoh-Lumut Expressway (Silex), a consortium between MRCB Property Holdings, a wholly owned subsidiary of Malaysian Resources Corporation Berhad (MRCB) (70%) and Perak State Economic Development (30%), will be built at a cost of M$1bn (US$263.5m). The expressway will link Ipoh to the port of Lumut, reducing travel time by 30 mi
- Status
- Prospective
- Sector
- Commercial, Government, Seaport, Road
- Location
- Perak, Malaysia
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency | |
Company |
Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Ipoh-Lumut Expressway is a 70km dual two-way expressway. The Seri Ipoh-Lumut Expressway (Silex), a consortium between MRCB Property Holdings, a wholly owned subsidiary of Malaysian Resources Corporation Berhad (MRCB) (70%) and Perak State Economic Development (30%), will be built at a cost of M$1bn (US$263.5m). The expressway will link Ipoh to the port of Lumut, reducing travel time by 30 minutes. The consortium will finance, design, build, manage and maintain the expressway under a 33-year concession agreement with a three-year construction period. As of July 2001, MRCB had secured M$300m in government secured loans with the sponsor committing another M$400m in equity and the remaining M$300m in debt. Financial advisors included Alliance Merchant Bank and MP Capital Advisory. None None |
Original sector | Transport |
Procurement method | |
Budget |
Location
Country | Malaysia |
State | Perak |
Source
Source reliability | High |
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Commercial, Government, Seaport, Road |
Article published date | 2023-02-20 |
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