Malaysia Steel Works (KL) Bhd and its partner KUB Malaysia Bhd have won approval from the Johor state government and the Iskandar Regional Development Authority to build and operate a rail transit network, according to a company statement.
Metropolitan Commuter Network Sdn Bhd, their joint venture, will build the intra-city commuter train network in the Iskandar region, Malaysia Steel Works said in a statement late yesterday. -- Bloomberg
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