MRCB, Ekovest in ETP project

Posted on | February 24, 2011

By THE STAR

PETALING JAYA: Malaysian Resources Corp Bhd (MRCB) and its joint-venture (JV) partner Ekovest Bhd have been appointed the project delivery partner for the River of Life project.

The project has been identified as an entry-point project identified in the Greater Kuala Lumpur/Klang Valley National Key Economic Area under the Economic Transformation Programme, MRCB and Ekovest said in a joint statement to Bursa Malaysia yesterday.

It said the Ekovest BhdMRCB JV had received a letter of intent from the Government via the Kuala Lumpur mayor.

“This intention is subject to further negotiation between Ekovest BhdMRCB JV and the River of Life Joint Development Committee which was set up to govern the project on behalf of the Government in relation to the scope and cost of services of the project,” MRCB said.

- MRCB, Ekovest, RRIM, River of Life

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