MoT establishes Malaysia Railway Development Corporation (MRDC), coordinating body to support stakeholders
The transport ministry will set up an organization called the Malaysian Railway Development Corporation (MRDC) in an effort to empower the railway industry.
Minister Datuk Seri Wee Ka Siong yesterday said at the Railway Technology Expo 2022 event that the establishment of the MRDC is timely as the railway industry is expected to grow rapidly after its completion. ETS 3 songs to Johor and East Coast Rail Link (ECRL) in 2026.
“The time has come for us to establish a leading body to support all stakeholders in the development of the railway industry in Malaysia. Right now we’re doing it through the National Railroad Center of Excellence (NRCOE) and we need a company that has underwriter status,” Wee said. Bernama.
“We have received approval from the government. It’s going to have its own structure and we’ve got a way to fund it. We will rename the NRCOE to MRDC and expand its function to that of a coordinating body. After all the formalities have been completed, we will appoint the members of the organization according to the proposed structure,” added MP Ayer Hitam.
