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South Klang Valley Expressway

Sector: Road • Location: Malaysia

Source: World Bank Group

Project
Active

In September 2006, SKVE Holdings Sdn Bhd won a 43-year build-operate-transfer contract for an expressway in the southern portion of Klang Valley, Malaysia. The cost was estimated at RM1.9 billion (US$518 million).

SKVE Holdings, previously known as the Gadek-Perspec Consortium, was 60-percent owned by Malaysian Hunterton Sdn Bhd., and 40-percent owned by Virtual Peaks Resources Sdn Bhd. This p

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The project “South Klang Valley Expressway” is an infrastructure initiative in the Road sector, located in Malaysia. Taiyo aggregates data on it from World Bank Group.

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active

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Description

Description

In September 2006, SKVE Holdings Sdn Bhd won a 43-year build-operate-transfer contract for an expressway in the southern portion of Klang Valley, Malaysia. The cost was estimated at RM1.9 billion (US$518 million). SKVE Holdings, previously known as the Gadek-Perspec Consortium, was 60-percent owned by Malaysian Hunterton Sdn Bhd., and 40-percent owned by Virtual Peaks Resources Sdn Bhd. This project was part of an expressway with a total length of 52.6km. 9.2km were completed in 2000; this project was for the construction of the remaining 43.4km. SKVE Holdings expected to be done with the construction of the remainder of the expressway within four years. SKVE Holdings did not disclose their funding source for the project. As of June 2007, the project was under construction.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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