By Sharen Kaur
Published in NST on May 31, 2014
KUALA LUMPUR: Rail operator Express Rail Link Sdn Bhd (ERLSB) is developing a new growth path to boost its revenue and profit.
Chief executive officer Noormah Mohd Noor said ERLSB is planning to build a train station at Mid Valley Megamall, here.
She said the company is working on a proposal for submission to the Transport Ministry and Public Transport Commission (SPAD).
"A lot of people have been asking us what we are going to do next in order to grow. There should be a stop at the Mid Valley Megamall to cater to passengers. But the decision depends on the ministry, SPAD and the other stakeholders.
"We also are working towards increasing our ridership by 40 per cent this year, helped by the new Kuala Lumpur International Airport 2 (klia2) in Sepang," she told Business Times recently.
ERLSB, majority controlled by YTL Corp Bhd, won a 30-year concession in August 1997 to finance, build, maintain and control the express rail link (ERL) operations between KL Sentral in Brickfields and Kuala Lumpur International Airport (KLIA) in Sepang.
ERLSB has also built a 2.2km line extension to klia2 at a cost of RM100 million.
The ERL line, which is served by 12 four-car train sets, carries around 19,000 passengers daily. The trains stop at two terminals (KL Sentral and KLIA) via KLIA Ekspres, and three intermediary stations (Bandar Tasik Selatan, Salak Tinggi and Putrajaya) via KLIA Transit.
Noormah expects total passenger volume to rise by two million to 8.4 million passengers this year and 10 million next year.
"We are looking at buying four new train sets to cater to higher passenger volume. We may acquire them from either Europe, Japan or China," she said.
Noormah said the deal will be finalised within the next two to three months and delivery of the trains will take 23 months.
Published in NST on May 31, 2014
KUALA LUMPUR: Rail operator Express Rail Link Sdn Bhd (ERLSB) is developing a new growth path to boost its revenue and profit.
Chief executive officer Noormah Mohd Noor said ERLSB is planning to build a train station at Mid Valley Megamall, here.
She said the company is working on a proposal for submission to the Transport Ministry and Public Transport Commission (SPAD).
"A lot of people have been asking us what we are going to do next in order to grow. There should be a stop at the Mid Valley Megamall to cater to passengers. But the decision depends on the ministry, SPAD and the other stakeholders.
"We also are working towards increasing our ridership by 40 per cent this year, helped by the new Kuala Lumpur International Airport 2 (klia2) in Sepang," she told Business Times recently.
ERLSB, majority controlled by YTL Corp Bhd, won a 30-year concession in August 1997 to finance, build, maintain and control the express rail link (ERL) operations between KL Sentral in Brickfields and Kuala Lumpur International Airport (KLIA) in Sepang.
ERLSB has also built a 2.2km line extension to klia2 at a cost of RM100 million.
The ERL line, which is served by 12 four-car train sets, carries around 19,000 passengers daily. The trains stop at two terminals (KL Sentral and KLIA) via KLIA Ekspres, and three intermediary stations (Bandar Tasik Selatan, Salak Tinggi and Putrajaya) via KLIA Transit.
Noormah expects total passenger volume to rise by two million to 8.4 million passengers this year and 10 million next year.
"We are looking at buying four new train sets to cater to higher passenger volume. We may acquire them from either Europe, Japan or China," she said.
Noormah said the deal will be finalised within the next two to three months and delivery of the trains will take 23 months.
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