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There will be a new highway in the Klang Valley. The Edge reports that the concession for the construction and management of the RM3.74 billion Setiawangsa-Pantai Expressway, previously known as DUKE Phase 3, has been awarded to Ekovest Bhd. The firm was also the main turnkey contractor for the Duta-Ulu Kelang Expressway, DUKE.

Ekovest, in a recent filing with Bursa Malaysia, said its wholly-owned subsidiary, Lebuhraya Duke Fasa 3 Sdn Bhd had signed a concession agreement with the government for the project. The concession is for 53 years and six months.

The highway has a proposed alignment of around 35 km, joining the north and south parts of KL. Areas served include University Tunku Abdul Rahman, Wangsa Maju, Setiawangsa, Ampang, the Tun Razak Exchange and Bandar Malaysia corridor, and Kerinchi.

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“The Setiawangsa-Pantai Expressway will be the first expressway in Malaysia to be designed for a full electronic tolling system and is envisaged to utilise the multi-lane free flow system upon its opening in 2020,” said Ekovest in the filing.

“The Ekovest Group is one of the pioneers to have embraced the full electronic tolling system at our existing Duke Phase 1 since September 2015. The transformation from cash-based payments to cashless electronic tolling systems has assisted to relieve congestions at toll plazas during peak hours and promotes efficiency in day-today operations,” it added.

As part of its obligations under the concession agreement, Ekovest will provide training and career opportunities to young graduates or professionals. It will soon launch a graduate training programme for various fields such as engineering, architecture, quantity surveying and finance.