MEX II Highway

  • Gov’t working to revive MEX II Putrajaya-KLIA highway extension, to determine best way to complete project

    Gov’t working to revive MEX II Putrajaya-KLIA highway extension, to determine best way to complete project

    The government has reiterated plans to revive the stalled Maju Expressway extension (MEX II), with the central agency currently finalising discussions with parties appointed by the project’s sukuk holders to determine the best way to complete the highway’s construction.

    According to works minister Datuk Seri Alexander Nanta Linggi, the discussions are centred around key considerations to ensure the viability of the project. These include examining project completion costs, cash flow, traffic impact analysis and toll rates, the New Straits Times reports.

    He said the central agency would coordinate the planning and direction of the MEX II project with relevant ministries and agencies, especially with regards to the financial model. “This will take into account appropriate parameters for evaluating the project’s viability, including technical aspects, and will then be presented to the cabinet for consideration,” he said in a written parliamentary reply.

    Gov’t working to revive MEX II Putrajaya-KLIA highway extension, to determine best way to complete project

    Nanta was responding to a question from Yeo Bee Yin (PH–Puchong), who asked about the current status of the highway and the steps taken to prevent similar situations in the future. Yeo also asked about the amount of funding needed to complete the project and whether this would lead to an increase in toll rates.

    In response, Nanta said the MEX II is a fully privatised project, funded by the developer through a Build-Operate-Transfer (BOT) arrangement. As it was a private project, government-level approval is not required, he said.

    “All project progress verifications, including progress claims, are reviewed and confirmed between the contractor, the concessionaire, the supervision consultant (SC), and the independent checking engineer (ICE), and submitted directly to the sukuk holders,” he explained.

    Gov’t working to revive MEX II Putrajaya-KLIA highway extension, to determine best way to complete project

    However, the concessionaire was issued a notice of default by the sukuk holders in January 2022. Since then, all concession obligations have been handed over to the receivers and managers appointed by the sukuk holders to resolve the project’s financial issues and complete the remaining construction.

    Construction of the 18 km-long, open-toll, three-lane dual carriageway project began in early 2017 and was due to be completed in December 2019. However, work stalled due to cash flow problems and, more recently, from MACC investigations into alleged false claims involving RM360 million.

    The aim of the expressway is to provide the shortest and most direct route between the KL city centre to KLIA and KLIA 2 by linking up the 26 km-long MEX to Lebuhraya KLIA (FT26).

     
     
  • RM11 million sukuk for MEX II spent on crypto – MACC

    RM11 million sukuk for MEX II spent on crypto – MACC

    Malaysian Anti-Corruption Commission (MACC) chief commissioner Azam Baki has said that some RM11 million in sukuk funds meant for the Maju Expressway extension (MEX II) was spent instead on cryptocurrency, which was then used to make certain purchases, Free Malaysia Today reports.

    “We found that RM11 million was used as digital currency, and it was not spent on the MEX II project. We are now trying to trace how the money was brought out and how it was used,” he said today at a press conference, adding that 55 witness statements have been recorded and 14 bank accounts totalling RM156 million have been frozen.

    “There will be no fewer than 10 more witnesses. I have directed my officers to complete the investigation paper within two months, although we may be able to wrap it up sooner,” said Azam.

    According to FMT, hundreds of millions in sukuk funds were suspected to have been channelled to a company owned by a corporate figure with a Tan Sri title. The funds were then allegedly transferred to multiple entities, including proxy companies and the personal account of the Tan Sri’s wife, and used to buy real estate, luxury vehicles and goods, as well as to fund gambling activities.

    RM11 million sukuk for MEX II spent on crypto – MACC

    In its probe, the anti-graft agency has reportedly seized a luxury condominium and a plot of land valued at RM24.5 million, nine vehicles (RM7.6 million), luxury watches (RM25 million), designer handbags (RM3 million), jewellery and diamonds (RM6 million), four horses (RM400,000), and premium alcoholic beverages (RM3 million).

    The Tan Sri has already been questioned, and Azam said he would not be called in again for now. “My officers are satisfied with the initial statements recorded. We are currently completing the investigation paper, and will be taking formal statements from the banks involved,” he said.

    On previous reports that RM20 million in sukuk funds for the project had been spent on gambling, Azam said the actual amount was likely to be higher than that. “It’s more than RM20 million. I don’t really understand the gambling aspect, but I was informed by my investigating officer that it involved casinos and such.”

    The 18-km MEX II is supposed to connect Putrajaya via the existing Maju Expressway (MEX, or E20) to the Kuala Lumpur International Airport (KLIA). Construction of the open-toll, three-lane dual carriageway project began in early 2017 and was supposed to finish in December 2019.

     
     
  • Gov’t looking to resolve issues with MEX II Putrajaya-KLIA highway extension and get project back on track

    Gov’t looking to resolve issues with MEX II Putrajaya-KLIA highway extension and get project back on track

    The works ministry says it will work closely with all relevant stakeholders to solve the delays affecting the Maju Expressway extension (MEX II), which has been plagued by delays due to financial issues, Bernama reports.

    According to works minister Datuk Seri Alexander Nanta Linggi, the government is looking to get the 18 km-long highway, which is supposed to connect Putrajaya via the existing Lebuhraya Maju Expressway (MEX, or E20) to the Kuala Lumpur International Airport (KLIA), back on track.

    “MEX II, as everyone is aware, is facing challenges in reaching completion. However, the good news is that all relevant parties, including the finance ministry, the works ministry and the public works department (JKR) are working together to help resolve the issue,” he said.

    Gov’t looking to resolve issues with MEX II Putrajaya-KLIA highway extension and get project back on track

    “The project funders, from whom the developer is securing financing to move the project forward, are also cooperating. It’s all currently in progress,” he said, adding that a series of meetings will be held soon to determine the necessary action to resolve issues causing the delay.

    Construction of the open-toll, three-lane dual carriageway project began in early 2017 and was due to be completed in December 2019. However, work stalled due to cash flow problems and, more recently, from investigations into alleged false claims related to project funding.

    The aim of the expressway is to provide the shortest and most direct route between the KL city centre to KLIA and KLIA 2 by linking up the 26 km-long MEX to Lebuhraya KLIA (FT26).

     
     
  • Construction work on MEX II KLIA extension to start

    Construction work on MEX II KLIA extension to start

    Reports indicate that work has begun on clearing land parcels around the Putrajaya toll plaza area to facilitate the start of the Lebuhraya Putrajaya – KLIA (MEX II) expressway extension project.

    The new expressway plans to provide the shortest and most direct route between the KL city centre to the KLIA and KLIA 2 when linked to the existing 26 km-long MEX, which was completed in 2007. Originally, it was reported last year that tolling operations for the new extension were slated to commence in November 2018, but a date of completion has yet to be announced.

    When ready, the open-toll, three-lane dual carriageway will be 18 km-long and will provide a mainline connection between the existing Lebuhraya Maju Expressway (MEX, or E20) to Lebuhraya KLIA (FT26). The route will commence at Putrajaya Interchange and merge onto the FT26 in Sepang.

    Aside from the usual entry and exit ramps to and from the expressway, there will be 26 bridges along the route, and MEX II will feature one mainline toll plaza, two ramp toll plazas and a supervision building.

     
     
 
 
 

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